Multiple Choice
Figure 10-8
Manuri has $300 to spend on Pilates classes and Yoga classes. The price of a group Pilates class is $20 and the price of a group Yoga class is $10. Manuri's optimal bundle is given by "A" in Figure 10-8.
-Refer to Figure 10-8.Suppose the price of Pilates sessions rises to $30 while income and the price of Yoga sessions remain unchanged.What is her new optimal bundle?
A) still remains at bundle A
B) bundle B
C) bundle C
D) bundle D
Correct Answer:

Verified
Correct Answer:
Verified
Q185: An advantage of Microsoft Windows is its
Q186: The endowment effect suggests that that people<br>A)have
Q187: A sunk cost is a cost that
Q188: Why do indifference curves have a negative
Q189: Some economists have suggested that network externalities
Q191: Arnold Kim began blogging about Apple products
Q192: Alan Krueger conducted a survey of fans
Q193: A network externality occurs when<br>A)there is production
Q194: Consider the following factors:<br>A.culture<br>B.religion<br>C.customs<br>D.prices<br>E.income<br>Which of the factors
Q195: The demand curve for a luxury good