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Question Practice

What does the consumer's budget constraint represent?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Theory Of Consumer Behaviour
Question Bank

What does the consumer's budge...

Single Answer MCQ
Q-00089338

What does the consumer's budget constraint represent?

1

The income of the consumer

2

All possible combinations of two goods that can be purchased

3

The maximum satisfaction a consumer can achieve

4

The prices of the goods in the market

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