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Budget Constraint
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Budget Constraint
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18. Consumer Choice and Behavioral Economics / Budget Constraint / Problem 7
Problem 7
What distinguishes an affordable combination of goods from an unaffordable one?
A
An affordable combination is always at the origin.
B
An affordable combination lies on or below the budget constraint line.
C
An affordable combination lies above the budget constraint line.
D
An affordable combination is always on the x-axis.
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