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:

Nervous System

The complex network of nerves and cells that transmit signals between different parts of the body, enabling coordination, sensation, and response to internal and external environments.

Psychological Dependence

The feeling that a drug is needed to continue a feeling of emotional or psychological well-being.

Physiological Dependence

A condition characterized by the bodily reliance on a substance, where absence of the substance causes withdrawal symptoms.

Marijuana

Mild hallucinogen (also known as “pot” or “weed”) derived from the leaves and flowers of a particular type of hemp plant.