Graph 22-7
-Refer to Graph 22-7.Assume that the consumer depicted in the graph faces prices and income such that she optimises at point A.According to the graph, what change allows the consumer to move to point B?
A)a decrease in the price of M&Ms
B)an increase in the price of M&Ms
C)an increase in the price of Skittles
D)a decrease in the price of Skittles

Question

Graph 22-7 
-Refer to Graph 22-7.Assume that the consumer depicted in the graph faces prices and income such that she optimises at point A.According to the graph, what change allows the consumer to move to point B?
A)a decrease in the price of M&Ms 
B)an increase in the price of M&Ms 
C)an increase in the price of Skittles 
D)a decrease in the price of Skittles

Quizplus · Accepted Answer

Moving from point A to point B on the graph indicates that the consumer is able to purchase more M&Ms while the quantity of Skittles purchased remains unchanged. This can be achieved through a decrease in the price of M&Ms, making them more affordable and allowing the consumer to buy more of them without changing the consumption of Skittles.

Graph 22-7 -Refer to Graph 22-7.Assume That the Consumer Depicted in the Depicted