Say Anna chooses between partying and studying. Supposed her indifference curves satisfied all the assumptions about consumer theory, but she also like studying a lot more than partying. If the price of studying increased, then Anna would consume

Say Anna chooses between partying and studying. Supposed her indifference curves satisfied all the assumptions about consumer theory, but she also like studying a lot more than partying. If the price of studying increased, then Anna would consume



A. the same as before
B. less studying and more partying
C. no partying at all, in order to consume more studying
E. more studying and less partying


Answer: B. less studying and more partying


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