Refer to the Data for a Consumer Whose Income =

Multiple Choice

Refer to the data for a consumer whose income = $12. Suppose the price of new product Z is $10 rather than $1. This consumer would purchase

A) some of Z but less than at a price of $1.
B) none of Z.
C) less of X, Y, and Z than if the price were $1.
D) more of X, Y, and Z than if the price were $1.