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Figure 5-6 -Which of the Following Observations Is Not True of a True

Question 161

Multiple Choice

Figure 5-6 Figure 5-6   -Which of the following observations is not true of a budget line? A) It indicates what choices are available to the consumer. B) It is a curve of constant expenditure. C) Its slope reports the market terms on which the consumer can trade one good for another. D) It helps examine the consumer's preferences.
-Which of the following observations is not true of a budget line?


A) It indicates what choices are available to the consumer.
B) It is a curve of constant expenditure.
C) Its slope reports the market terms on which the consumer can trade one good for another.
D) It helps examine the consumer's preferences.

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