Economics · Consumer Theory - Budget Set

Arrange the following statements in the correct logical sequence used to construct the concept of the Budget Set and the division of the commodity space in consumer theory: A. Infeasible bundles lie above the budget line, requiring expenditure greater than income (PxX + PyY > M), and are therefore not attainable. B. The budget line mathematically divides the commodity space into two distinct regions. C. A rational, non-satiated consumer will always choose a feasible point exactly on the budget line rather than interior to it. D. Combinations on or inside the budget line constitute the budget set, satisfying the feasibility condition PxX + PyY ≤ M.