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Question Practice

What is the vertical intercept of a budget line when a consumer spends all their income on mangoes?

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 is the vertical intercept...

Single Answer MCQ
Q-00089346

What is the vertical intercept of a budget line when a consumer spends all their income on mangoes?

1

M/p1

2

M/p2

3

M + p2

4

M - p1

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