A consumer's spending is restricted because of
marginal utility
total utility
a budget constraint
utility maximization
Whatever the time period involved, a consumer's spending will be ___by his or her __
unlimited; marginal utility
limited; marginal utility
limited; budget
unlimited; budget
A line representing all the possible combinations of two commodities that a consumer can purchase at a particular time, given the market prices of the commodities and the consumer's income, is a
budget line
consumption line
income consumption curve
indifference curve
An increase in the consumer's income will do all of the following, except
shift the budget line away from the origin
increase the horizontal intercept
increase the vertical intercept
change the slope of the budget line
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