Multiple Choice
Budget constraint is the
A) set of consumption bundles that represents the amount the consumer cannot afford.
B) set of consumption bundles that represents the minimum amount the consumer can afford.
C) set of consumption bundles that represents the maximum amount the consumer can afford.
D) set of consumption bundles facing a consumer with an unlimited budget and no opportunity costs.
E) price at which an economic "good" becomes an economic "bad."
Correct Answer:

Verified
Correct Answer:
Verified
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