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Given the set of indifference curves (solid lines) and budget lines (dashed lines) below: a. (1 pt) Assuming the consumer has the budget represented by

Given the set of indifference curves (solid lines) and budget lines (dashed lines) below:

a. (1 pt) Assuming the consumer has the budget represented by BL2 which bundle of sweaters and pants is optimal "a", "c", or "d"? b. (1 pt) What could explain the shift from BL1 to BL2? (BONUS 1 pt) Does this graph indicate that sweaters are an inferior good? How do you know?

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