Which of the Following Statements Is Necessarily True Regarding a Point

question 318

Multiple Choice

Which of the following statements is necessarily true regarding a point along a budget line?​

• A)​It implies an individual has spent her entire income.
• B)​It implies an individual is as happy as possible given her income.
• C)​It implies an individual no longer faces tradeoffs between both goods.
• D)​It implies an individual would be better off consuming a different bundle of goods.

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Definitions:

Maximum Permitted

Refers to the highest allowable limit or level for a particular parameter, such as weight, speed, or capacity.

Runout

Any kind of wobble in a rotating component. Runout may be axial or radial. Using the example of a wheel on a vehicle, axial runout would be wobble as viewed from the front or rear of the vehicle, and radial runout would be wobble viewed from the side of the vehicle.

Tire Blow-Outs

Sudden failures of a tire due to excessive pressure, impact damage, or weakness in the tire structure, often leading to loss of vehicle control.