The individual’s budget constraint is _____. a. the amount of money s

The individual’s budget constraint is _____.

a. the amount of money she has in the bank
b. determined by dividing the individuals income by the price of the goods she wants to buy
c. the maximum amount one good she can consume given her consumption of other goods
d. a line depicting all the possible budgets an individual could have at various occupations

 

ANSWER

c

 

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