The price of brand X is $2 and the price of brand Y is $1. The consumer has $20 income to spend on these brands. Which combinations of the two brands would be points on the same budget line for this consumer? 0 units of X and 20 units of Y 5 units of X and 10 units of Y 10 units of X and 0 units of Y A key B X X ✓ = on the same budget line C X x = not on the same budget line D X
✓ Correct Answer
The correct answer is —. This question tests the candidate's understanding of consumer behaviour / budget lines within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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