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Attainable combinations of X and Y are drawn on the assumption that Px and Py are
Constant
Variable
Change in the same ratio
Equal to each other
- Option 1: Constant
- Px and Py remain constant.
- This allows for a clear depiction of attainable combinations of X and Y.
- Correct Answer:
- Option 2: Variable
- Px and Py can change.
- This would make the combination of X and Y indeterminate.
- Option 3: Change in the same ratio
- Both Px and Py change in tandem.
- This assumes a proportional relationship.
- Option 4: Equal to each other
- Px equals Py.
- This creates symmetrical combinations but isn't a general assumption.
By: santosh ProfileResourcesReport error
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