Multiple Choice
Assume that a consumer spends a given budget on only two goods and that the prices of the two goods are constant. The budget line in this case would
A) definitely be a straight downward-sloping line.
B) possibly be a straight upward-sloping line.
C) be a curved graph bowed outward.
D) be a curved bell-shaped graph.
Correct Answer:

Verified
Correct Answer:
Verified
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