Answer
No
Work Step by Step
No, the budget line shows only the available choices. The final choice of which combination to choose depends on our own preferences.
Economics: Principles, Problems, and Policies, 19th Edition
by McConnell, Campbell R.; Brue, Stanley L.; Flynn, Sean M.
Published by
McGraw-Hill Education
ISBN 10:
0073511447
ISBN 13:
978-0-07351-144-3
Chapter 1 - Limits, Alternatives, and Choices - Problems - Page 21: 3c
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