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    Exam 6: Consumer Choice Theory
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    Exhibit 6A-4 Consumer Equilibrium
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Exhibit 6A-4 Consumer Equilibrium

Question 100

Question 100

Multiple Choice

Exhibit 6A-4 Consumer equilibrium
​ Exhibit 6A-4 Consumer equilibrium ​   -Given the budget line and indifference curves shown in Exhibit 6A-4, assume the consumer is initially at point C. To maximize total utility, the consumer should: A)  purchase more of good X and less of good Y. B)  remain at point C. C)  move to point B and then point A. D)  purchase more of good Y and less of good X.
-Given the budget line and indifference curves shown in Exhibit 6A-4, assume the consumer is initially at point C. To maximize total utility, the consumer should:


A) purchase more of good X and less of good Y.
B) remain at point C.
C) move to point B and then point A.
D) purchase more of good Y and less of good X.

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