The Income-Consumption Curve

question 100

Multiple Choice

The income-consumption curve

• A) illustrates the combinations of incomes needed with various levels of consumption of a good.
• B) is another name for income-demand curve.
• C) illustrates the utility-maximizing combinations of goods associated with every income level.
• D) shows the utility-maximizing quantity of some good (on the horizontal axis) as a function of income (on the vertical axis).

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