Most goods in the economy are

If the price of a good rises and the consumer's budget remains the same, what happens to the consumer's consumption possibilities?

What will be an ideal response?

Those who advocate the marginal productivity theory of income distribution argue that:

A. Government policy should be used to redistribute income based on need B. Family income should be based on a family's demand for products C. Resource markets will set incomes based on workers' contributions to the output of scarce goods and services D. Monopoly and monopsony power do not affect resource payments of the overall distribution of income