Figure 21-19
The figure shows three indifference curves and a budget constraint for a consumer named Hannah. When young, Hannah works and earns income. When old, she is retired and earns no income.

-Refer to Figure 21-19. Of the four labeled points, which is (are) affordable to Hannah?

Question

Figure 21-19
The figure shows three indifference curves and a budget constraint for a consumer named Hannah. When young, Hannah works and earns income. When old, she is retired and earns no income.
  ​
-Refer to Figure 21-19. Of the four labeled points, which is (are) affordable to Hannah?

Quizplus · Accepted Answer

The Answer of Figure 21-19
The figure shows three indifference curves and a budget constraint for a consumer named Hannah. When young, Hannah works and earns income. When old, she is retired and earns no income.
  ​
-Refer to Figure 21-19. Of the four labeled points, which is (are) affordable to Hannah?

Figure 21-19 The Figure Shows Three Indifference Curves and a Budget Constraint