Solve clearly

GOOD Y C B BC, CB BG2 GOOD X If point C represents the new best bundle, what kind of good is good X? O Normal good O Inferior good, but not a Giffen good O Giffen good2. Identifying normal, inferior, and Giffen goods Suppose that BC on the following graph represents your initial budget constraint for good X and good Y, and point A represents the best bundle, given this choice set. After a change in the price of good X, your new budget constraint is now BC2. The compensated budget is parallel to BC, representing the same tradeoff between good X and good Y, and it is tangent to the given indifference curve (U) at point B. GOOD Y B BC. CB GOOD X