Budget Lines The Following Questions Refer to the Following Diagram, Which Shows

question 36

Multiple Choice

Budget Lines

The following questions refer to the following diagram, which shows the budget lines faced by a consumer last year and this year.

-Refer to Budget Lines.If the consumer purchased basket B last year and purchases basket C this year,we can conclude that

• A) the consumer is not behaving optimally.
• B) the consumer's tastes changed between this year and last year.
• C) the consumer's indifference curves cannot be convex.
• D) the law of demand does not hold for this consumer.

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Definitions:

Monozygotic

Another term for identical twins, indicating they originated from a single zygote.

Chromosomes

Structures within cells that contain the organism's genetic material (DNA) and are responsible for determining the characteristics of an organism.

Sperm Cells

Male reproductive cells vital for sexual reproduction, responsible for fertilizing the female ovum.

Brain Cells

The cells in the brain, including neurons and glial cells, which are responsible for processing information, signaling, and maintaining the brain's structure and function.