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Home › Bihar Board Class 12 (Arts) › Economics › Theory of Consumer Behaviour › When a good's price falls, the consumer reaches …

When a good's price falls, the consumer reaches what?

AA higher indifference curve
BA lower indifference curve
CThe very same curve
DA budget line instead
Answer & Solution
Correct answer: A. A higher indifference curve
A lower price raises purchasing power, so a higher indifference curve becomes reachable.
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