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प्रश्न
State whether true or false:
A budget set is the collection of all bundles of goods that a consumer wants to buy.
सत्य या असत्य
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उत्तर
This statement is false.
Reason:
- A budget set is defined by what a consumer can afford, given income and market prices.
- It includes all bundles costing less than or equal to the consumer’s income, whether or not the consumer wants to buy them.
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