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Figure 10-7 Manuri Has $300 to Spend on Pilates Classes and Yoga

Question 267

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Figure 10-7
Figure 10-7 Manuri has $300 to spend on Pilates classes and Yoga classes.The price of a group Pilates class is $20 and the price of a group Yoga class is $10.Manuri's optimal bundle is given by A in Figure 10-7. -Refer to Figure 10-7.Suppose the price of Pilates sessions rise to $30 while income and the price of Yoga sessions remain unchanged.The income effect of this price change is represented by the movement from A) A to B. B) B to C. C) D to B. D) D to C.
Manuri has $300 to spend on Pilates classes and Yoga classes.The price of a group Pilates class is $20 and the price of a group Yoga class is $10.Manuri's optimal bundle is given by "A" in Figure 10-7.
-Refer to Figure 10-7.Suppose the price of Pilates sessions rise to $30 while income and the price of Yoga sessions remain unchanged.The income effect of this price change is represented by the movement from


A) A to B.
B) B to C.
C) D to B.
D) D to C.

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