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. Lingleʹs budget constraint is AC. He will have leftover income if he purchases the bundle represented by point
A) A.
B) B.
C) E.
D) D.

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. Lingleʹs budget constraint is AC. He will have leftover income if he purchases the bundle represented by point
A) A. 
B) B. 
C) E. 
D) D.

Quizplus · Accepted Answer

Point E is the only point located inside the budget constraint line AC, indicating that Mr. Lingle spends less than his total budget, resulting in leftover income.

Refer to the Information Provided in Figure 6