Exhibit 21-6 -Refer to Exhibit 21-6.I₁,I₂ and I₃ Are Indifference Curves and Are

question 139

Multiple Choice

Exhibit 21-6

-Refer to Exhibit 21-6.I₁,I₂ and I₃ are indifference curves and line ab is the relevant budget constraint.If the consumer is initially at point R,he should

• A) strive for point N by obtaining a larger money income.
• B) purchase more of X and less of Y.
• C) remain at that point in order to maximize utility.
• D) purchase more of Y and less of X.
• E) none of the above

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