A budget line shows the A. total utility a consumer realizes from consuming different quantities of...
A budget line shows the
A.
total utility a consumer realizes from consuming different quantities of a good.
B.
quantities of consumption that maximizes marginal utility.
C.
the prices of the two goods a buyer can purchase.
D.
quantities of goods a buyer can purchase with given income and prices.
E.
relationship between price and quantity demanded.
Homework Answers
ANSWER:
The correct answer is option d that is quantities of goods a buyer can purchase with given income and prices. (fact)
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