A Consumer Choosing Between Apples and Oranges Is at Her

question 45

Multiple Choice

A consumer choosing between apples and oranges is at her best affordable point.Then the price of apples decreases.If both apples and oranges are normal goods,which one of the following statements is true about her new best affordable point?

• A)She will consume more apples and more oranges.
• B)She will consume more apples and fewer oranges.
• C)She will consume fewer apples and more oranges.
• D)She will consume fewer apples and fewer oranges.
• E)She will consume more apples,and we do not know whether she will consume more or less oranges.

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Definitions:

Lines

In geometry, lines are straight one-dimensional figures that have no curvature and extend infinitely in both directions.

U.S. Tax System

The structured framework of legal guidelines and rules governing federal, state, and local taxation in the United States, encompassing various types of taxes.

Federal

Relating to the central government of a country, as opposed to state or local governmental bodies.

State

A political entity that possesses sovereignty over a geographic area and the people within it, with a structured system of governance.