Assume the Graph Shown Represents Grace's Budget Constraint

question 91

Multiple Choice

Assume the graph shown represents Grace's budget constraint. Which of the following is true?

• A)Grace's total utility is constant along her budget constraint.
• B)The marginal utility Grace receives is the same for each combination of goods on her budget constraint.
• C)Grace's total spending is constant along her budget constraint.
• D)Grace is indifferent between consuming any bundle that lies on the budget constraint.

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