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18. Consumer Choice and Behavioral Economics
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18. Consumer Choice and Behavioral Economics
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18. Consumer Choice and Behavioral Economics / Budget Constraint / Problem 1
Problem 1
What does it mean if a combination of goods lies inside the budget constraint?
A
The combination is unaffordable.
B
The combination is affordable and does not use all available income.
C
The combination uses all available income.
D
The combination is not possible to achieve.
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