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. Lingle's budget is AC. At which point does Mr. Lingle spend exactly his income?
A) A.
B) D.
C) E.
D) The answer cannot be determined with the given information.

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. Lingle's budget is AC. At which point does Mr. Lingle spend exactly his income?
A) A. 
B) D. 
C) E. 
D) The answer cannot be determined with the given information.

Quizplus · Accepted Answer

At point A, Mr. Lingle's consumption is equal to his income.

Refer to the Information Provided in Figure 6