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Questions 6 through 10 refer to Figure I below. T CIC2 CIC CIGo price line slope = Popy 5 (The diagram should say price line
Questions 6 through 10 refer to Figure I below. T CIC2 CIC CIGo price line slope = Popy 5 (The diagram should say "price line slope = Ps/Pt", instead of "Pc/Pt". Also, the label on the horizontal axis should be "S", not "5".) Figure I 6. Choose the true statement below: a. This person is indifferent between bundles & and y. b. Bundle z is better than bundles u, v, w, x or y. c. Bundle x is preferred to bundle z. d. Bundle x is just as good as bundle u
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