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Figure 5-13 -According to Figure 5-13, If the Price of Good X

Question 174

Multiple Choice

Figure 5-13 Figure 5-13 -According to Figure 5-13, if the price of good X falls, the optimal combination will move A) from U1 to a point on a higher indifference curve, such as U3. B) from U2 to a point on a higher indifference curve, such as U3 C) from U1 to a point on a higher indifference curve, such as U3 D) from U2 to a point on a higher indifference curve, such as U1.
-According to Figure 5-13, if the price of good X falls, the optimal combination will move


A) from U1 to a point on a higher indifference curve, such as U3.
B) from U2 to a point on a higher indifference curve, such as U3
C) from U1 to a point on a higher indifference curve, such as U3
D) from U2 to a point on a higher indifference curve, such as U1.

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