refer to the following figure:
The consumer's income is $2,600.
-The income effect of the increase in the price of X is (approximately)
A) X falls 130 units.
B) X rises 60 units.
C) X falls 60 units.
D) X falls 20 units.
E) X rises 20 units.

Question

refer to the following figure:
  The consumer's income is $2,600.
-The income effect of the increase in the price of X is (approximately)
A) X falls 130 units. 
B) X rises 60 units. 
C) X falls 60 units. 
D) X falls 20 units. 
E) X rises 20 units.

Quizplus · Accepted Answer

The Answer of  refer to the following figure:
  The consumer's income is $2,600.
-The income effect of the increase in the price of X is (approximately)
A) X falls 130 units. 
B) X rises 60 units. 
C) X falls 60 units. 
D) X falls 20 units. 
E) X rises 20 units.

Refer to the Following Figure