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The Graph Below Shows George's Indifference Curves and Budget Lines

Question 61

Multiple Choice

The graph below shows George's indifference curves and budget lines.From A to B,we can conclude The graph below shows George's indifference curves and budget lines.From A to B,we can conclude A) leisure is a normal good. B) leisure is an inferior good. C) George will increase his working time with a higher wage. D) the substitution effect is greater than the income effect.


A) leisure is a normal good.
B) leisure is an inferior good.
C) George will increase his working time with a higher wage.
D) the substitution effect is greater than the income effect.

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