Figure 21-1

-Refer to Figure 21-1.All of the points identified in the figure represent affordable consumption options with the exception of
A) A.
B) E.
C) A and E.
D) None. All points are affordable.

Question

Figure 21-1
 
-Refer to Figure 21-1.All of the points identified in the figure represent affordable consumption options with the exception of
A) A. 
B) E. 
C) A and E. 
D) None. All points are affordable.

Quizplus · Accepted Answer

Point E is not an affordable consumption option because it lies outside the budget constraint, indicating that it requires more resources than are available.

Figure 21-1 -Refer to Figure 21-1.All of the Points Identified in the Points