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FIGURE 6- 8 -Refer to Figure 6- 8. in Part (Ii), the Consumer's

Question 37

Multiple Choice

FIGURE 6- 8 -Refer to Figure 6- 8. In part (ii) , the consumer's move from point Z to point Y is caused by A) a change in the consumer's preferences towards milk. B) an increase in the price of bread. C) a decrease in money income. D) an decrease in the price of bread. E) an increase in the price of milk. FIGURE 6- 8
-Refer to Figure 6- 8. In part (ii) , the consumer's move from point Z to point Y is caused by

A) a change in the consumer's preferences towards milk.
B) an increase in the price of bread.
C) a decrease in money income.
D) an decrease in the price of bread.
E) an increase in the price of milk.

Correct Answer: