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In the Graph, the Change in the Individual's Preferences Indicated

Question 321

Multiple Choice

  In the graph, the change in the individual's preferences indicated by a shift from indifference curve A to indifference curve B will result in A) a decrease in demand for good Y. B) no change in the demand for good Y. C) a decrease in demand for good X. D) an increase in demand for good X. In the graph, the change in the individual's preferences indicated by a shift from indifference curve A to indifference curve B will result in


A) a decrease in demand for good Y.
B) no change in the demand for good Y.
C) a decrease in demand for good X.
D) an increase in demand for good X.

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