The Indifference Curve Approach to Measuring Consumer Surplus Will Yield

Multiple Choice

The indifference curve approach to measuring consumer surplus will yield the same answer as the approach using areas under the demand curve if:

A) the substitution effect of a price change is zero.
B) the substitution effect of a price change is larger than the income effect.
C) the income effect of a price change is larger than the substitution effect.
D) the income effect of a price change is zero.