-The figure above shows Sam's budget line. Sam's budget line shows
A) which combinations of gasoline and coffee Sam can afford.
B) which combinations of gasoline and coffee Sam is planning to purchase.
C) whether or not Sam thinks gasoline and coffee are worth their prices.
D) whether or not Sam currently has enough gasoline and enough coffee.

Question

-The figure above shows Sam's budget line. Sam's budget line shows
A) which combinations of gasoline and coffee Sam can afford. 
B) which combinations of gasoline and coffee Sam is planning to purchase. 
C) whether or not Sam thinks gasoline and coffee are worth their prices. 
D) whether or not Sam currently has enough gasoline and enough coffee.

Quizplus · Accepted Answer

A budget line represents the combinations of two goods that a consumer can afford given their income and the prices of the goods.

-The Figure Above Shows Sam's Budget Line