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Suppose an Individual's Budget Line Rotated as Shown Above

Question 288

Multiple Choice

  Suppose an individual's budget line rotated as shown above. Which of the four pairs of graphs, each showing the demand for Good X and a separate demand for Good Y, is the most consistent with the given change in the top graph? A) pair B B) pair A C) pair C D) pair D Suppose an individual's budget line rotated as shown above. Which of the four pairs of graphs, each showing the demand for Good X and a separate demand for Good Y, is the most consistent with the given change in the top graph?


A) pair B
B) pair A
C) pair C
D) pair D

Correct Answer:

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