The table shows an indifference schedule for several combinations of X and Y. In moving from combination b to c, the consumer
A) gets 1 unit of X for 1 unit of Y.
B) gets 2 units of X for 2 units of Y.
C) gets 3 units of X for 1 unit of Y.
D) gives up 4 units of X for 1 unit of Y.

Question

The table shows an indifference schedule for several combinations of X and Y.  In moving from combination b to c, the consumer
A) gets 1 unit of X for 1 unit of Y. 
B) gets 2 units of X for 2 units of Y. 
C) gets 3 units of X for 1 unit of Y. 
D) gives up 4 units of X for 1 unit of Y.

Quizplus · Accepted Answer

The Answer of The table shows an indifference schedule for several combinations of X and Y.  In moving from combination b to c, the consumer
A) gets 1 unit of X for 1 unit of Y. 
B) gets 2 units of X for 2 units of Y. 
C) gets 3 units of X for 1 unit of Y. 
D) gives up 4 units of X for 1 unit of Y.

The Table Shows an Indifference Schedule for Several Combinations of X