Continuing from the previous question. Second Exam 1-1.png The Budget Line/Indifference Curve graph can show what combination of 2 goods a person will choose based on his income, the price of the two goods, and his tastes and preferences. A person's tastes and preferences are represented by [ Select ] . The person will not choose point B because at point B [ Select ] . This means the person can move to a higher indifference curve and be happier if they [ Select ] . At point B, the MRSG [ Select ] than the Opportunity Cost of G. This means that at point B, if the person gave up one unit of G, sold it, and took the money and bought Good P [ Select ] . This happens because the value of good P in consumption is [ Select ] than the value of the good in exchange