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The above figure shows Bobby's indifference map for juice and snacks. Also shown are three
budget lines resulting from different prices for snacks. As the price of snacks rises, Bobby's
utility
A) stays the same.
B) increases.
C) decreases.
D) might change, but there is not enough information to determine.

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The above figure shows Bobby's indifference map for juice and snacks-.pdf

  • 1. The above figure shows Bobby's indifference map for juice and snacks. Also shown are three budget lines resulting from different prices for snacks. As the price of snacks rises, Bobby's utility A) stays the same. B) increases. C) decreases. D) might change, but there is not enough information to determine.