-The above figure shows Bobby's indifference map for soda and juice.B1 indicates his original budget line.B2 indicates his budget line resulting from a decrease in the price of soda.What change in quantity best represents his income effect?
A)3
B)10
C)15

Question

-The above figure shows Bobby's indifference map for soda and juice.B1 indicates his original budget line.B2 indicates his budget line resulting from a decrease in the price of soda.What change in quantity best represents his income effect?
A)3 
B)10 
C)15

Quizplus · Accepted Answer

The Answer of 
-The above figure shows Bobby's indifference map for soda and juice.B1 indicates his original budget line.B2 indicates his budget line resulting from a decrease in the price of soda.What change in quantity best represents his income effect?
A)3 
B)10 
C)15

-The Above Figure Shows Bobby's Indifference Map for Soda and Juice.B1