Using Gabriel's Budget Line and His Indifference Curves Between Horseback

question 188

Multiple Choice

Using Gabriel's budget line and his indifference curves between horseback riding lessons and baseball lessons,and then changing the prices of each activity holding his income constant,which of the following can be derived?

• A) Gabriel's demand curve for each activity
• B) Gabriel's supply curve for each activity
• C) Gabriel's marginal benefit for each activity
• D) Gabriel's net gain for each activity
• E) Both answers A and B are correct.

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