Use the following to answer questions: Figure: Consumer Equilibrium III -(Figure: Consumer Equilibrium III) Look at the figure Consumer Equilibrium III. Given the figure, which of the following is TRUE? A) Point C is preferable to point E. B) At point E, P_x = P_y. C) Point B could be attained with an increase in the consumer's income. D) To increase utility beyond that received at point E requires a change in the preferences of the consumer.

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Point B could be attained with an increase in the consumer's income because it lies on a higher indifference curve, indicating a higher level of utility that can be reached with more income.

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