All possible combinations of goods that can be purchased at fixed prices with a specific income is
A) a marginal utility curve.
B) a total utility curve.
C) an indifference curve.
D) a budget constraint.

Question

Quizplus · Accepted Answer

A budget constraint represents all the combinations of goods and services that a consumer may purchase given current prices within his or her given income.

All Possible Combinations of Goods That Can Be Purchased at Fixed