-Refer to Exhibit 4-1. A shift from budget line BB' to CC' means that the consumer has
A) equal income
B) more income
C) less income

Name: -Refer to Exhibit 4-1. A shift from budget line BB' to CC' means that the consumer has A) equal income B) more income C) less income
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Question

-Refer to Exhibit 4-1. A shift from budget line BB' to CC' means that the consumer has
A) equal income 
B) more income 
C) less income

Quizplus · Accepted Answer

A shift from budget line BB' to CC' typically indicates that the consumer now has more income, allowing them to afford a higher combination of goods or services than before.