how-does-a-consumers-budget-limit-their-ability-to-achieve-higher-levels-of-util

Question

How does a consumer's budget limit their ability to achieve higher levels of utility?

Accepted Answer

The budget constraint limits the consumer to the highest attainable indifference curve.

Answer

The budget constraint is irrelevant to the consumer's utility.

Answer

The budget constraint allows the consumer to achieve any level of utility.

Answer

The budget constraint always allows the consumer to reach the highest utility curve.