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Question Practice

Which of the following statements about the budget constraint is FALSE?

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

Which of the following stateme...

Single Answer MCQ
Q-00089348

Which of the following statements about the budget constraint is FALSE?

1

It illustrates all combinations of goods that a consumer can afford.

2

It can shift due to changes in consumer income.

3

It can become vertical if one good is free.

4

It always has a positive slope.

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