Multiple Choice
A consumer choosing between apples and oranges is at her best affordable point.Then the price of apples decreases.If both apples and oranges are normal goods,which one of the following statements is true about her new best affordable point?
A) She will consume more apples and more oranges.
B) She will consume more apples and fewer oranges.
C) She will consume fewer apples and more oranges.
D) She will consume fewer apples and fewer oranges.
E) She will consume more apples,and we do not know whether she will consume more or less oranges.
Correct Answer:
Verified
Correct Answer:
Verified
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