Consumption bundles that Miranda CANNOT afford because the bundles cost more than her income are _____ the budget line.
A) within
B) beyond
C) on
D) at the corner of

Question

Quizplus · Accepted Answer

The budget line represents all the possible consumption bundles that Miranda can afford with her income. Any bundle that costs more than her income would be beyond the budget line and not affordable for her. Therefore, the correct answer is B, "beyond."

Consumption Bundles That Miranda CANNOT Afford Because the Bundles Cost