Economics (AS & A Level) · May / June 2025 · Paper 32 · Question 3

A consumer spends all of their income on only two goods, X and Y. The consumer is initially in equilibrium, maximising their total utility. The consumer's tastes change and they get less utility from consuming good Y. The prices of both goods are unchanged. What would be a rational response from the consumer?

1. Abuy less good X, buy more good Y
2. Bbuy more good X, buy less good Y
3. Cbuy more good X, unchanged good Y
4. Dunchanged good X, buy less good Y

As printed in the paper