Other things remaining the same, when a consumer's income increases, his equilibrium point moves to A.A higher indifference curve B.To the left-hand side on the same indifference curve C.Remains unchanged on the same indifference curve D.A lower indifference curve

Other things remaining the same, when a consumer's income increases, his equilibrium point moves to
A.A higher indifference curve
B.To the left-hand side on the same indifference curve
C.Remains unchanged on the same indifference curve
D.A lower indifference curve
by

1 Answer

Answer :

A.A higher indifference curve
by

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