Suppose Red Onions Are on the Horizontal Axis and White

question 8

Multiple Choice

Suppose red onions are on the horizontal axis and white onions on the vertical axis.If both are perfect substitutes with two white onions worth one red onion,and the price of red onions falls from four to three times the price of white onions,the consumer:

• A)decreases her consumption of white onions and increases her consumption of red onions.
• B)increases her consumption of white onions and decreases her consumption of white onions.
• C)moves to a higher indifference curve
• D)makes no change in his/her consumption of onions and experiences no income effect as a result of the price change.

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Definitions:

Cultural Environments

The surroundings, conditions, and influences that shape the cultural development and characteristics of societies, groups, or individuals.

Winktes

In Lakota culture, individuals who assume roles for both genders and are recognized as having distinct social and spiritual identities.

Fa'afafines

A recognized gender identity in Samoan culture that is traditionally characterized by individuals who are assigned male at birth but embody both masculine and feminine gender traits.

Bakla

A term from the Philippines denoting a male who has adopted a feminine gender expression, often considered a distinct gender identity within Filipino culture.