-The above figure shows Bobby's indifference map for juice and snacks.Also shown are three budget lines resulting from different prices for snacks.Bobby's demand for snacks is
A) unit elastic.
B) elastic.
C) inelastic.
D) perfectly elastic.

Question

-The above figure shows Bobby's indifference map for juice and snacks.Also shown are three budget lines resulting from different prices for snacks.Bobby's demand for snacks is
A) unit elastic. 
B) elastic. 
C) inelastic. 
D) perfectly elastic.

Quizplus · Accepted Answer

Bobby's demand for snacks is inelastic because, as the price of snacks changes (reflected by the different budget lines), the quantity of snacks he consumes changes very little, indicating a less than proportional response to price changes.

-The Above Figure Shows Bobby's Indifference Map for Juice and Snacks.Also