Moving along the budget line
A) total utility is held constant.
B) quantities are held constant.
C) income and prices are held constant, but quantities change.
D) prices are held constant, but income and total utility change.

Question

Quizplus · Accepted Answer

The budget line represents combinations of goods that a consumer can purchase given their income and the prices of goods. When moving along the budget line, income and prices are held constant, but the quantities of goods purchased change.

Moving Along the Budget Line