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Preparing CFS-Direct Method

Write true or...

Question

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.

A

True

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B

False

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Solution

The correct option is B False
False. Feasible combinations of goods are those combinations which a consumer can buy, given his income and the prices of Good-1 and Good-2.

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