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tuggy tuggy
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Posts: 864
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7 years ago
Which of the following statements is true?
A) A budget constraint is the same for a consumer at all levels of income.
B) A budget constraint quantifies the trade-offs that economic agents face while making decisions.
C) A budget constraint is a function of the income of the consumer and not the prices of the goods and services available for consumption.
D) A budget constraint is based on the minimum amount of money that an economic agent can spend on goods and services.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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7 years ago
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tuggy Author
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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