Points Along a Budget Constraint Describe

question 21

Multiple Choice

Points along a budget constraint describe:

• A) market baskets that cost the same amount of money.
• B) market baskets that bring the consumer equal utility.
• C) quantities of a good that the consumer is willing and able to buy at alternative market prices.
• D) alternative prices that a producer might charge for a good.
• E) alternative levels of utility that a consumer might get from consuming a given market basket.