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.

Answer: D

Economics

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According to the rule of 72, if you have $15,000 in an account that grows at the rate of 12 percent annually, it will take approximately six years for the $15,000 to double to $30,000

a. True b. False Indicate whether the statement is true or false

Economics

Refer to the information provided in Figure 2.4 below to answer the question(s) that follow. Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from

A. B to A. B. A to C. C. C to D. D. B to D.

Economics