A point or product-combination to the left of (or inside) a budget line
A) is attainable, but a combination or point to the right of the line is unattainable.
B) is unattainable, but a combination or point to the right of the line is attainable.
C) costs more than a combination or point on the budget line.
D) costs more than a combination or point outside the budget line.

Question

Quizplus · Accepted Answer

A point or product-combination to the left of (or inside) a budget line is attainable because it represents a combination of goods that costs less than or equal to the consumer's budget. A point to the right of the budget line is unattainable as it exceeds the consumer's budget.

A Point or Product-Combination to the Left of (Or Inside)