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Figure 5-4 in Figure 5-4, the Rightward Shift

Question 163

Multiple Choice

Figure 5-4 Figure 5-4 In Figure 5-4, the rightward shift in budget lines from the one containing point A to the one containing point B A) resulted from equal price reductions in beer and wine. B) resulted from an increase in the consumer's income. C) could have been caused by income or price changes. D) All of the responses are correct. In Figure 5-4, the rightward shift in budget lines from the one containing point A to the one containing point B

A) resulted from equal price reductions in beer and wine.
B) resulted from an increase in the consumer's income.
C) could have been caused by income or price changes.
D) All of the responses are correct.

Correct Answer: