Which of the Following Statements Is True

question 108

Multiple Choice

Which of the following statements is true?

• A) The price effect is shown by moving up or down a fixed budget line.
• B) To determine a consumer's best affordable point, we need only the budget line or the indifference curve.
• C) Every point on a budget line lies on an indifference curve.
• D) Both A and B are true.

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Definitions:

Defamatory Statement

A false communication that injures a person's reputation or decreases the respect, regard, or confidence in which a person is held.

Privilege

A special right, advantage, or immunity granted or available only to a particular person or group.

Battery

A criminal offense involving the unlawful physical acting upon a threat, distinct from assault which is the act of creating apprehension of such contact.

Ear-Nose-And-Throat

A medical specialty that deals with diseases and disorders of the ear, nose, and throat.