Which of the Following Statements About a Budget Constraint Is

question 45

Multiple Choice

Which of the following statements about a budget constraint is true?

• A)Each bundle gives an individual a different amount of utility and costs a different amount of money.
• B)Each bundle gives an individual a different amount of utility, but costs the same amount of money.
• C)Each bundle gives an individual the same amount of utility and costs the same amount of money.
• D)Each bundle gives an individual the same amount of utility, but costs a different amount of money.