Question 16
MediumOriginal questionA consumer has ₹60; P₁ = ₹6 and P₂ = ₹4. Which bundle is affordable but leaves money unspent?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
(4, 8): 24 + 32 = ₹56 < 60, inside the budget line.
(6, 6) costs exactly ₹60 (on the line); the other two cost more than ₹60.
- Concept
- Bundle inside the budget line
- Typical timeTypical
- 70 s
- Your timeYours
- —
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Ten questions from Budget Line & Optimal Choice, at your own pace.