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Exhibit 6A-5 Consumer Equilibrium

Question 253

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Exhibit 6A-5 Consumer Equilibrium
​ Exhibit 6A-5 Consumer Equilibrium ​ -Given the budget lines and indifference curves shown in Exhibit 6A-5, if the budget line shifts from AB to AC, then the: A) price of good Y has increased. B) price of good X has decreased. C) price of good X has increased. D) consumer's budget has decreased.
-Given the budget lines and indifference curves shown in Exhibit 6A-5, if the budget line shifts from AB to AC, then the:


A) price of good Y has increased.
B) price of good X has decreased.
C) price of good X has increased.
D) consumer's budget has decreased.

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