Refer to the information provided in Figure 23.1 below to answer the question(s) that follow. Figure 23.1
-Refer to Figure 23.1. This household consumes $2,000 at an income level of
A) $3,000.
B) $2,275.
C) $2,000.
D) $1,840.

Question

Refer to the information provided in Figure 23.1 below to answer the question(s) that follow.  Figure 23.1
-Refer to Figure 23.1. This household consumes $2,000 at an income level of
A) $3,000. 
B) $2,275. 
C) $2,000. 
D) $1,840.

Quizplus · Accepted Answer

The household consumes $2,000 at an income level of $3,000, as typically consumption increases with income, and $3,000 is the highest income level provided.

Refer to the Information Provided in Figure 23