Refer to the information provided in Figure 6.2 below to answer the question(s) that follow. Figure 6.2
-Refer to Figure 6.2. Assume Mr. Lingleʹs budget is AC. At which point does Mr. Lingle spend exactly his income?
A) A.
B) B.
C) C.
D) All of the above are correct.

Question

Refer to the information provided in Figure 6.2 below to answer the question(s) that follow.  Figure 6.2
-Refer to Figure 6.2. Assume Mr. Lingleʹs budget is AC. At which point does Mr. Lingle spend exactly his income?
A) A. 
B) B. 
C) C. 
D) All of the above are correct.

Quizplus · Accepted Answer

Mr. Lingle spends exactly his income at any point along his budget line AC, which includes points A, B, and C.

Refer to the Information Provided in Figure 6