Price effect in indifference curve analysis arises
A.When the consumer becomes either better off or worse off because price change is not
compensated by income change.
B.When the consumer is betler off due to a change in income and price
C.When income and price change
D.None of the above
A.When the consumer becomes either better off or worse off because price change is not
compensated by income change.
B.When the consumer is betler off due to a change in income and price
C.When income and price change
D.None of the above