Figure 21-2 The Downward­sloping Line on the Figure Represents a Consumer's Budget

question 202

Multiple Choice

Figure 21-2
The downward­sloping line on the figure represents a consumer's budget constraint.
-Refer to Figure 21-2. Which of the following statements is not correct?

• A) Points W, X, and Y all cost the consumer the same amount of money.
• B) Point Z is unaffordable for the consumer given his budget constraint.
• C) Point V costs less than point Z.
• D) Points W, X, and Y give the consumer the same level of satisfaction.

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Definitions:

Compacted

Describes sediment that has been pressed tightly together, increasing its density due to the weight of overlying materials or by mechanical means.

Fault Rupture

Fault rupture is the sudden break or fracture along a fault line in the Earth's crust, resulting in the displacement of the ground on either side of the fault.

Oval Shape

An elongated round figure that is broader in the middle and narrower at the ends, resembling a flattened circle.

Seismic Waves

Vibrations that travel through the Earth's interior or along its surface, generated by earthquakes or other seismic events.