Kizspy | Question: 42
(Choose 1 answer)
Which of the following statements is correct?
A. A budget constraint illustrates the prices that a consumer chooses to pay for products he consumes.
B. A budget constraint illustrates the purchases made by consumers.
C. A budget constraint illustrates the consumption bundles that a consumer can afford.
D. A budget constraint illustrates the consumption bundles that give a consumer equal satisfaction.