Assume Kevin's Income to Spend on the Two Goods in the Graph

question 101

Multiple Choice

Assume Kevin's income to spend on the two goods in the graph shown is $48,and books cost $12.If Kevin's budget constraint is one of the lines in the graph,which one must it be?

• A)A
• B)B
• C)C
• D)It could be either A or B.

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Definitions:

Current Approach

The present method or strategy being used to tackle a situation or solve a problem.

Clean Water Act

is a primary federal law in the United States governing water pollution, aiming to restore and maintain the chemical, physical, and biological integrity of the nation's waters.

Water Pollution

The contamination of water bodies such as lakes, rivers, oceans, and groundwater caused by harmful substances being discharged into them.

Main Responsibility

The primary duty or obligation that an individual or entity is expected to fulfill.