FIGURE 6-9
-Refer to Figure 6-9.In part (ii),the consumer's move from point X to point Z is caused by
A)a change in the consumer's preferences towards bread.
B)an increase in money income.
C)an increase in the price of bread.
D)a decrease in the price of milk.
E)a decrease in the price of bread.

Question

FIGURE 6-9
-Refer to Figure 6-9.In part (ii),the consumer's move from point X to point Z is caused by
A)a change in the consumer's preferences towards bread. 
B)an increase in money income. 
C)an increase in the price of bread. 
D)a decrease in the price of milk. 
E)a decrease in the price of bread.

Quizplus · Accepted Answer

A decrease in the price of bread would allow the consumer to purchase more bread for the same amount of money, shifting the budget line and enabling the consumer to move from point X to point Z.

FIGURE 6-9 -Refer to Figure 6-9.In Part (Ii),the Consumer's Move from Point