Multiple Choice
Figure 21-24 The figure shows three indifference curves and a budget constraint for a certain consumer named Steve.
-Refer to Figure 21-24. In moving from point A to point C, Steve gives up
A) 4.9 pounds of apples, gains 2.0 pounds of pears, and becomes worse off.
B) 4.9 pounds of apples, gains 2.0 pounds of pears, and becomes better off.
C) 5.5 pounds of apples, gains 4.1 pounds of pears, and becomes worse off.
D) 5.5 pounds of apples, gains 4.1 pounds of pears, and becomes better off.
Correct Answer:

Verified
Correct Answer:
Verified
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