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Use the following to answer questions:
Figure: The Optimal Consumption Bundle Use the following to answer questions: Figure: The Optimal Consumption Bundle   -(Figure: The Optimal Consumption Bundle)  Look at the figure The Optimal Consumption Bundle. Which of the following could lead to an optimal consumption bundle on indifference curve I<sub>1</sub>? A)  an increase in income B)  an increase in the price of restaurant meals C)  a decrease in the price of rooms D)  a decrease in the price of restaurant meals
-(Figure: The Optimal Consumption Bundle) Look at the figure The Optimal Consumption Bundle. Which of the following could lead to an optimal consumption bundle on indifference curve I1?


Definitions:

Implicit Personality Theory

Sets of assumptions about how different types of people, personality traits, and actions are related to each other.

Personality Change

Alterations in an individual's patterns of thought, behavior, or emotion that are typically significant and impactful over time.

Social Categorization

The assignment of a person one has just met to a category based on characteristics the new person has in common with other people with whom one has had experience in the past.

Cognitive Dissonance

A psychological conflict resulting from incongruous beliefs and attitudes held simultaneously.

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