A consumer can not consume a basket of goods that lies closer to the origin than their budget line because they can not afford that basket.

Name: A consumer can not consume a basket of goods that lies closer to the origin than their budget line because they can not afford that basket.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

A consumer can consume a basket of goods that lies closer to the origin than their budget line; these baskets are affordable but represent lower total spending than the budget allows, not that they can't afford it.

A Consumer Can Not Consume a Basket of Goods That