As a consumer moves along a budget constraint:
A) prices are held constant, but income changes.
B) income is held constant, but prices change.
C) prices and income are held constant, but quantities change.
D) total utility is held constant, but prices and income change.

Question

Quizplus · Accepted Answer

As a consumer moves along a budget constraint, both prices and income are held constant, and only the quantities of goods consumed change.

As a Consumer Moves Along a Budget Constraint