The diagram illustrates a household's budget line in indifference curve analysis. (Points R, S, and T are positioned on the budget line between goods X and Y) What conclusion can be drawn about the amount of income the household may spend?
- AIt is greater at point R than point S.
- BIt is greater at point T than point S.
- CIt is greatest at point S.
- DIt is the same at points R, S and T.