asked 93.3k views
2 votes
A budget constraint represents​ _________. A. the total amount of income a family earns from all sources. B. the maximum amount of spending the federal government is allowed to do by law. C. any actions taken by government officials to limit the amount of government spending. D. the bundles of goods or activities that a consumer can choose given her limited budget

1 Answer

1 vote

Answer:

D. the bundles of goods or activities that a consumer can choose given her limited budget

Step-by-step explanation:

Budget constraints is all the combinations of a good a consumer can buy given price of the goods and the income of the consumer.

I hope my answer helps you

answered
User Boneill
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.