Economics 9708 · AS & A Level · 7.2: Indifference curves and budget lines

7.2: Indifference curves and budget lines — practice question

The diagrams illustrate different budget lines and consumer equilibrium choices. The consumer is in equilibrium at Q1XQ1Y. Which diagram shows the effect of a successful advertising campaign for good Y?

  • A[IMAGE:9708_w19_qp_31_p4_diagram_4]
  • B[IMAGE:9708_w19_qp_31_p4_diagram_3]
  • C[IMAGE:9708_w19_qp_31_p4_diagram_2]
  • D[IMAGE:9708_w19_qp_31_p4_diagram_1]

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