If the relative price of S were to rise,then an individual's indifference curve would rotate toward the T axis.

Question

Quizplus · Accepted Answer

Indifference curves represent combinations of two goods that give a consumer the same level of satisfaction. They do not rotate based on changes in relative prices; instead, changes in relative prices lead to movements along an indifference curve to a new point of tangency with a budget line.

If the Relative Price of S Were to Rise,then an Individual's