Multiple Choice
Use the following to answer question:
-(Figure: Consumer Equilibrium IV) Use Figure Consumer Equilibrium IV.Assume that you are consuming the combination of goods at point I.Given the budget constraint FL,utility:
A) cannot be increased.
B) can be increased by consuming more nights in a hotel room and fewer train tickets.
C) can be increased by consuming fewer nights in a hotel room and more train tickets.
D) can be increased by consuming more of both goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q100: Use the following to answer question: <img
Q101: Use the following to answer question: <img
Q102: For most goods,as we move down an
Q103: As an individual moves down his or
Q104: Which of the following is NOT TRUE
Q106: An indifference curve map illustrates _ levels
Q107: Use the following to answer question: <img
Q108: Use the following to answer question: <img
Q109: Maria derives 288 utils from buying 2
Q110: Assume that two combinations of two goods