Answer:
TRUE
Explanation:
The microeconomic theory, which studies the behavior of consumers, adopts as premise the monetary restriction.
The monetary restriction consists of the limit of expenses imposed on consumers by their income. Except for very wealthy people, like billionaires, most consumers have a budget constraint that is nothing more than the sum of their income. Therefore, each consumer can consume the goods and services that fit in his budget, having as limit his maximum income.
For example, a consumer who earns $ 10,000 has a monthly restriction of that amount. He or she can buy all goods that cost up to this amount, but your restriction does not allow you to buy, for example, a yacht.
