Any point on the budget constraint
A)Gives the consumer the highest level of utility.
B)Represent a combination of two goods that are affordable.
C)Represents combinations of two goods that yield the same utility.

Question

Quizplus · Accepted Answer

Any point on the budget constraint represents a combination of two goods that are affordable. Therefore, the best choice(s) would be the point or combination of points that fits within the budget constraint and provides the consumer with the highest level of utility. This would depend on the individual consumer's preferences and tastes, and cannot be determined from the budget constraint alone.

Any Point on the Budget Constraint