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Use the Following Figure to Answer the Question : Figure

Question 75

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Use the following figure to answer the question : Figure 12-3 : shows the indifference curves U1 and U2 of a consumer choosing between hours devoted at a tennis club and other goods.All consumers in this market have identical demand curves.IZ is the original budget line of a representative consumer,which shifts to AB when the club begins to charge an entry fee.
Use the following figure to answer the question : Figure 12-3 :  shows the indifference curves U<sub>1</sub> and U<sub>2</sub> of a consumer choosing between hours devoted at a tennis club and other goods.All consumers in this market have identical demand curves.IZ is the original budget line of a representative consumer,which shifts to AB when the club begins to charge an entry fee.   -In Figure 12-3,if the fee goes above _____,the consumer will purchase no court hours. A) OZ B) IA C) EF D) OE
-In Figure 12-3,if the fee goes above _____,the consumer will purchase no court hours.


A) OZ
B) IA
C) EF
D) OE

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