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Refer to the Graph

Question 274

Multiple Choice

  Refer to the graph. What could cause the consumer equilibrium point to shift from point a to point b? A) The consumer's income increased. B) The price of good 1 decreased. C) The price of good 1 increased. D) The consumer's income decreased. Refer to the graph. What could cause the consumer equilibrium point to shift from point a to point b?


A) The consumer's income increased.
B) The price of good 1 decreased.
C) The price of good 1 increased.
D) The consumer's income decreased.

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