Multiple Choice
Figure 5-13
-According to Figure 5-13, if the price of good X falls, the optimal combination will move
A) from U1 to a point on a higher indifference curve, such as U3.
B) from U2 to a point on a higher indifference curve, such as U3
C) from U1 to a point on a higher indifference curve, such as U3
D) from U2 to a point on a higher indifference curve, such as U1.
Correct Answer:

Verified
Correct Answer:
Verified
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