You are on page 1of 1

In situation I below the utility maximizing consumer buys bundle C.

a. Draw an indifference curve (IC) going through C


b. Is it conceivable that in situation II the consumer will buy B? Explain.
c. What about D? Explain.
Y

.D

.. . .
. ..
A
C
B
II
... .. I

.. . x

You might also like