A Consumption Bundle

question 68

Multiple Choice

A consumption bundle

• A)only measures a quantity of goods and services, but not the amount of leisure.
• B)measures the quality of a particular good.
• C)is a method of bringing home consumption goods.
• D)is a particular combination of consumption and leisure.
• E)is a particular combination of work and leisure.

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Definitions:

Lie

The act of communicating something that is not true, often with the intent to deceive.

Supply

The total amount of a product or service available for purchase at any given time and price in a market.

Prices

The amount of money expected, required, or given in payment for something.

Consumers

Individuals or groups who purchase goods and services for personal use.