Exhibit 6A-4 Consumer Equilibrium

question 188

Multiple Choice

Exhibit 6A-4 Consumer equilibrium
​
-Given the budget line and indifference curves shown in Exhibit 6A-4, assume the consumer is initially at point A. To maximize total utility, the consumer should:

• A) purchase more of good X and less of good Y.
• B) remain at point C.
• C) move to point B and then point C.
• D) purchase more of good Y and less of good X.

---

Definitions:

Marijuana Use

The act of consuming cannabis, which can vary in form from smoking, vaping, to edible products, for recreational or medicinal purposes.

Cognitive Consequences

Refers to the outcomes on mental processes such as thinking, memory, and problem-solving due to certain events or experiences.

Health Consequences

The outcomes or results of a particular health condition, lifestyle, or intervention on an individual's well-being.

Recreational Drugs

Substances consumed for their psychoactive effects, typically not for medical purposes or necessity, but for enjoyment or leisure.