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According to the Theory of Consumer Behaviour, Inequality is called the Consumer‘s ______________.
Question

According to the Theory of Consumer Behaviour, Inequality is called the Consumer‘s ______________.

A.

Budget

B.

Budget Set

C.

Budget Constraint

D.

Budget Behaviour

Correct option is C

The inequality

defines the budget constraint in consumer theory, which outlines the combination of goods that a consumer can purchase given their income (M) and the prices of those goods

.

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