Multiple Choice
Exhibit 6-22 If a consumer moves from point a to point b on the indifference curve shown in Exhibit 6-22,
A) the consumer's total utility from food and books remains unchanged
B) the consumer's total utility from food and books falls
C) the consumer becomes more willing to give up additional units of books in order to consume one more unit of food
D) the consumer's willingness to give up additional units of books in order to consume more units of food does not change
E) the consumer's total utility from food and books rises
Correct Answer:

Verified
Correct Answer:
Verified
Q24: Exhibit 6-31 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-31
Q25: Which of the following statements about indifference
Q26: If the marginal utilities per dollar are
Q27: If Hannah considers biscuits an inferior good,
Q28: Exhibit 6-23 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-23
Q30: If a candy bar sells for 50
Q31: Combinations of goods along an indifference curve
Q32: A candy bar sells for 50 cents,
Q33: A family on a trip budgets $200
Q34: Exhibit 6-25 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-25