FIGURE 6- 9

Multiple Choice

FIGURE 6- 9
-Refer to Figure 6- 9.In part (i) ,the line joining points A,B,and C is known as ,which shows how .

A) an income- consumption line; consumption changes with changing relative prices and constant income
B) a price- consumption line; consumption changes as relative prices change,with money income constant
C) a price- consumption line; consumption changes as money income and relative prices change
D) an income- consumption line; consumption changes as income changes,with relative prices held constant
E) an indifference map; the value of various combinations of two goods changes