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. Which of the following could lead to an optimal consumption bundle on indifference curve I1?
A) an increase in income
B) a decrease in the price of restaurant meals
C) a decrease in the price of rooms
D) a decrease in income
Correct Answer:
Verified
Correct Answer:
Verified
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