A consumer who chooses to consume at a point inside her budget constraint will have to borrow money to pay for her consumption.

Name: A consumer who chooses to consume at a point inside her budget constraint will have to borrow money to pay for her consumption.
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Question

Quizplus · Accepted Answer

If a consumer chooses to consume at a point inside her budget constraint, it means she is spending less than what she can afford. Therefore, there is no need for her to borrow money to make the purchase.

A Consumer Who Chooses to Consume at a Point Inside