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

Indifference curves and budget lines — practice question

A consumer buys two goods, X and Y. The indifference curve diagram illustrates what happens to the consumer’s equilibrium when the price of one of these goods changes. Which demand curve matches the diagram?

  • A[IMAGE:9708_s19_qp_33_p4_diagram_4]
  • B[IMAGE:9708_s19_qp_33_p4_diagram_3]
  • C[IMAGE:9708_s19_qp_33_p4_diagram_2]
  • Dprice of good X (vertical axis) vs quantity of good X (horizontal axis) showing a downward-sloping demand curve

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