MyQuestionIcon

2

You visited us 2 times! Enjoying our articles? Unlock Full Access!

The Budget Line

All attainabl...

Question

All attainable combinations of Good-X and Good-Y are below the budget line of a consumer. State True or False.

A

True

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

False

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B False
All attainable combinations of Good-X and Good-Y are below as well as along the budget line.

Suggest Corrections

thumbs-up

0

Similar questions

Write true or false with a reason:

All attainable combinations of Good-X and Good-Y are below the budget line of a consumer.

Q. All attainable combinations of good X and good Y are the budget line.

Write true or false with a reason:

Feasible combinations of goods are those combinations which a consumer can always buy, no matter what his income is.

State True or False :

Good conductors of heat are also good conductors of electricity.

It is a social responsibility for a businessman to supply standard goods to consumers. State true or false.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

The Budget Constraint

ECONOMICS

Watch in App

explore_more_icon

Explore more

The Budget Line

Standard XI Economics

Join BYJU'S Learning Program

CrossIcon