Multiple Choice
Use the following to answer questions:
Figure: The Optimal Consumption Bundle
-(Figure: The Optimal Consumption Bundle) Look at the figure The Optimal Consumption Bundle. If the price of restaurant meals _____, then the optimal consumption bundle will be on _____ indifference curve.
A) increases; a higher
B) decreases; a higher
C) decreases; a lower
D) increases; the same
Correct Answer:

Verified
Correct Answer:
Verified
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