Question

"PE 16 of 16 (15 complete) HW Score: 89.29%, 14.29 of 18 Concept Question 4.4 Question Help Valarie initially faces budget line L, in the figure to the right. Under such a constraint, suppose Valarie chooses bundle A. Consequently, she reveals that bundle A is preferred to the bundles shaded in green and that the bundles shaded in red are preferred to bundle A. Superior bundles However, suppose prices change, pivoting her budget line to L2, where she then selects bundle B Clothing units per month) Using the triangle drawing tool, shade in all of the additional bundles for which bundle A is preferred. Label this area 'Additional inferior bundles' Carefully follow the instructions above, and only draw the required object Inferior bundles

Answer 1

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