Multiple Choice
-The figure above shows a consumer's budget line for soft drinks and DVD rentals. Point a represents an
A) affordable combination of soft drinks and DVDs that spends the entire budget.
B) affordable combination of soft drinks and DVDs that does not spend the entire budget.
C) unaffordable combination of soft drinks and DVDs.
D) affordable combination of soft drinks and DVDs but whether it spends the entire budget cannot be determined from the figure.
E) None of the above answers is correct.
Correct Answer:
Verified
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