Refer to the information provided in Figure 6.1 below to answer the question(s) that follow. Figure 6.1
-Refer to Figure 6.1. Tom's budget constraint is AC. His choice set includes all points
A) to the right of budget constraint AC.
B) bounded by the area OAC.
C) along budget constraint AC.
D) along the vertical and horizontal axes.

Question

Refer to the information provided in Figure 6.1 below to answer the question(s) that follow.  Figure 6.1
-Refer to Figure 6.1. Tom's budget constraint is AC. His choice set includes all points
A) to the right of budget constraint AC. 
B) bounded by the area OAC. 
C) along budget constraint AC. 
D) along the vertical and horizontal axes.

Quizplus · Accepted Answer

The Answer is B

Refer to the Information Provided in Figure 6