Exhibit 6A-5 Consumer Equilibrium

question 156

Multiple Choice

Exhibit 6A-5 Consumer Equilibrium
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Given the budget lines and indifference curves shown in Exhibit 6A-5, if the budget line shifts from AC to AB, then the consumer will purchase:

• A) more of both goods Y and X.
• B) a higher level of total utility.
• C) less of both goods X and Y.
• D) more of good Y and less of good X.

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