Consider an individual who has well behaved preferences over two goods, x and y.

Let a denote the consumption of x at the initial optimal bundle.

Let c denote the consumption of x at the final optimal consumption bundle.

Consider the hypothetical budget line that goes through initial optimal bundle and is parallel to the final budget line. Let b denote the consumption of x at the optimal bundle on this hypothetical budget line.

Let the price of good x increase. Suppose x is an inferior and ordinary good.

Which of the following is correct?

Group of answer choices

c

a

b

b

c

not enough information to answer.

a

more than one answer is correct.