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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #752196
Introduction to Economics 1 Deneme Sınavı Sorusu #752196
......... is the combinations of quantities of two goods (namely X and Y) that a consumer can purchase with certain amount of income or earning. Which of the following completes the statement above?
Indifference curve |
Budget constraint |
Marginal rate |
Consumer choice |
Utility maximization |
Yanıt Açıklaması:
Budget constraint (or budget line) shows all of the combinations of the quantities of goods X and Y that a consumer can buy with his fixed level of income. The correct answer is B.
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