Multiple Choice
An indifference map shows the optimal consumption bundle of a consumer for two goods A and B.Which of the following factors would lead to a parallel shift of the budget line allowing the consumer to reach a higher indifference curve?
A) A fall in the price of good A
B) A parallel outward shift of the consumer's indifference curve
C) An increase in the consumer's income
D) A fall in the price of good B
Correct Answer:

Verified
Correct Answer:
Verified
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