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Angela consumes only two goods, x and y. Her income doubles and the prices of the two goods remain unchanged. Assuming that she is a
Angela consumes only two goods, x and y. Her income doubles and the prices of the two goods remain unchanged. Assuming that she is a utility maximizer and likes both goods, D Select one: None of the above. 0 b. the ratio of her consumption ofx toy remains constant. .'7 WJ M "t O c. if her preferences are convex, she must consume more x. Od. herutMoubles. j W 43' w 0 @she will consume more of both goods. Clear my choice will,\" W . a) Yes b) It depends on the shape of her utility curve. c) It depends on the shape of her utility curve. d) Not necessarily. e) Not if one ofthe two goods is. or her
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