Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
tuggy tuggy
wrote...
Go to Answer
Posts: 864
Rep: 0 2
6 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:
Read 61 times
1 Reply
Replies
Answer verified by a subject expert
SimplemanSimpleman
wrote...
#1
Top Poster
Posts: 584
Rep: 25 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

tuggy Author
wrote...

6 years ago
Thanks for your help!!
joyceess
wrote...

Yesterday
Helped a lot
elizabetheldrid
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1281 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 136
  
 860
  
 380
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Do you trust social media networks with protecting your privacy?