The figure illustrates Sally's budget line and her preferences. Point ________ is Sally's best affordable point, and Sally prefers point ________ to point ________

A) A; B; A
B) E; C; B
C) B; A; B
D) B; B; D


C

Economics

You might also like to view...

Refer to Table 7-6. Prior to trade, what was the opportunity cost to produce 1 belt in Estonia?

A) 1/3 of a sword B) 3/5 of a sword C) 1.67 swords D) 5 swords

Economics

Explain the long-run consequences of continued increases in the money supply

What will be an ideal response?

Economics

A property tax discourages improvements that would increase the value of the property

a. True b. False

Economics

Consumption spending is:

A. negatively related to the overall price level. B. positively related to the overall price level. C. equal to the overall price level. D. not correlated with the overall price level.

Economics