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7.2.2 causes of a shift in the budget line

What does the budget line show about a consumer's choices?

A

Every combination of two goods the consumer can buy regardless of income and prices.

B

Every combination of all goods the consumer can just afford at given income and prices.

C

Every combination of two goods the consumer can just afford at given income and prices.

D

Every combination of two goods the consumer would prefer at given income and prices.

7.2.2 causes of a shift in the budget line Flashcards

  1. Intl A Level
  2. /Economics
  3. /7.2.2 causes of a shift in the budget line

26 flashcards on CIE Intl A Level Economics 7.2.2 causes of a shift in the budget line: the key terms and definitions you need to recall.