Figure 10-7 the Above Panels Show Various Combinations of Indifference Curves and Combinations

question 49

Multiple Choice

Figure 10-7

The above panels show various combinations of indifference curves and budget constraints for two products: Popcorn and Candy.
-Refer to Figure 10-7.Which diagram demonstrates an increase in total utility following a decrease in the price of popcorn?

• A)the movement from d to e in Panel A
• B)the movement from f to g in Panel B
• C)the movement from h to k in Panel C
• D)none of the above

---

Definitions:

Preponderance of Evidence

The standard of proof in most civil cases, requiring that the case is more likely to be true than not true.

Executive Law

Legislation that outlines the powers and responsibilities of the executive branch of government and its officers.

Supreme Court

The highest federal court in the United States, which has ultimate appellate jurisdiction over all federal court and state court cases that involve a point of constitutional or federal law.

Constitutionality

Refers to whether a law or governmental action is in accordance with the Constitution.