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Which of the following statements is correct?
a. Consumers have the ability to buy everything they desire.
b. A consumer''s budget line shows the limits to what a consumer can buy.
c. A consumer''s budget line shows the goods with the highest marginal utilities.
d. A budget line changes only if the person''s budget changes.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9503526

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