Consumption bundles that lie above the boundary established by the budget line
A) Are affordable for the consumer
B) Are preferred by the consumer but are not affordable
C) Are not preferred by the consumer
D) Do not exhaust the consumer's income

Question

Quizplus · Accepted Answer

Consumption bundles that lie above the boundary established by the budget line are preferred by the consumer but are not affordable within their budget constraint.

Consumption Bundles That Lie Above the Boundary Established by the Budget