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Figure 3-1 Shows the Preferences of a Consumer Toward Reading

Question 41

Multiple Choice

Figure 3-1 shows the preferences of a consumer toward reading books and watching movies. Figure 3-1 shows the preferences of a consumer toward reading books and watching movies.   -In Figure 3-1,the highest indifference curve is unattainable.Which of the following events would allow the consumer to reach the highest indifference curve,other things unchanged? A) A reduction in the price of books B) A reduction in the price of movie tickets C) A decrease in the income of the consumer D) An increase in the price of movie tickets and books
-In Figure 3-1,the highest indifference curve is unattainable.Which of the following events would allow the consumer to reach the highest indifference curve,other things unchanged?


A) A reduction in the price of books
B) A reduction in the price of movie tickets
C) A decrease in the income of the consumer
D) An increase in the price of movie tickets and books

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