To move from point M to K, the consumer has to increase t...
To move from point M to K, the consumer has to increase the
Consumption of X and reduce the consumption of Y
Expenditure on Y
Expenditure on X
Consumption of Y and reduce the consumption of X
Correct answer is D
At point M, the consumer consumes more of X, to move to point K, the consumer needs to consumer more of Y and less of X. Point K is the point of equilibrium where the combination of K=M
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