Figure 21-1

-Refer to Figure 21-1.All of the points identified in the figure represent possible consumption options with the exception of
A)A
B)E
C)A and E
D)None.All points are possible consumption options.

Question

Figure 21-1
 
-Refer to Figure 21-1.All of the points identified in the figure represent possible consumption options with the exception of
A)A 
B)E 
C)A and E 
D)None.All points are possible consumption options.

Quizplus · Accepted Answer

Point E likely represents a consumption option that is not feasible, possibly because it lies outside the budget constraint or production possibility frontier shown in Figure 21-1.

Figure 21-1 -Refer to Figure 21-1.All of the Points Identified in the Points