Question: Which statement is correct? Select the best answer. Answer Keypad Keyboard Shortcuts A budget constraint indicates all combinations of two goods that can be afforded,

Which statement is correct? Select the best answer.
Answer
Keypad
Keyboard Shortcuts
A budget constraint indicates all combinations of two goods that can be afforded, given the price of the two goods and the budget.
A rational consumer would only purchase additional units of some product as long as the opportunity cost exceeds the marginal utility.
The typical consumer faces the problem of having more income than is necessary to meet all their wants and needs.

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