Start learning →

The budget set contains bundles where?

AOnly above the line
BOnly at the origin
COnly at the intercepts
DOn or below the line
Answer & Solution
Correct answer: D. On or below the line
The budget set is every bundle the individual can afford, which lies on or below the budget line.
Practise this question with Quill — CA Foundation →

Keep practising Theory of Consumer Behaviour

Browse all Theory of Consumer Behaviour questions for CA Foundation, or explore more Business Economics topics.

Start a Theory of Consumer Behaviour lesson →
Related questions