Multiple Choice
Exhibit 6-22
-If a consumer moves from point a to point b on the indifference curve shown in Exhibit 6-22,
A) the consumer's total utility from food and books remains unchanged
B) the consumer's total utility from food and books falls
C) the consumer becomes more willing to give up additional units of books in order to consume one more unit of food
D) the consumer's willingness to give up additional units of books in order to consume more units of food does not change
E) the consumer's total utility from food and books rises
Correct Answer:
Verified
Related Questions
Q16: Exhibit 6-23 Q16: _ utility is constant along a given Q17: Exhibit 6-24 Q18: Exhibit 6-23 Q19: An indifference curve shows
A)combinations of goods that