Multiple Choice
Figure: Indifference Curves and Consumption Bundles
(Figure: Indifference Curves and Consumption Bundles) Look at the figure Indifference Curves and Consumption Bundles.In the figure, the lines AA and BC are parallel.The optimal consumption point could shift from b to c as a result of any of the following except:
A) an equal percentage increase in the prices of both hot dogs and pizza while income is unchanged.
B) a decrease in income with prices constant.
C) a change in tastes.
D) an equal percentage increase in the prices of both hot dogs and pizza while income is unchanged or as a result of a decrease in income with prices constant.
Correct Answer:

Verified
Correct Answer:
Verified
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