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Figure 21-24 the Figure Shows Three Indifference Curves and a Budget

Question 274

Multiple Choice

Figure 21-24 The figure shows three indifference curves and a budget constraint for a certain consumer named Steve. Figure 21-24 The figure shows three indifference curves and a budget constraint for a certain consumer named Steve.   -Refer to Figure 21-24. In moving from point A to point C, Steve gives up A) 4.9 pounds of apples, gains 2.0 pounds of pears, and becomes worse off. B) 4.9 pounds of apples, gains 2.0 pounds of pears, and becomes better off. C) 5.5 pounds of apples, gains 4.1 pounds of pears, and becomes worse off. D) 5.5 pounds of apples, gains 4.1 pounds of pears, and becomes better off.
-Refer to Figure 21-24. In moving from point A to point C, Steve gives up


A) 4.9 pounds of apples, gains 2.0 pounds of pears, and becomes worse off.
B) 4.9 pounds of apples, gains 2.0 pounds of pears, and becomes better off.
C) 5.5 pounds of apples, gains 4.1 pounds of pears, and becomes worse off.
D) 5.5 pounds of apples, gains 4.1 pounds of pears, and becomes better off.

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