-In the above figure, if the budget line shifts from RT to RS, the income effect is illustrated by the move from
A) a to b.
B) A to c.
C) b to c
D) T to S.

Name: -In the above figure, if the budget line shifts from RT to RS, the income effect is illustrated by the move from A) a to b. B) A to c. C) b to c D) T to S.
Brand: Quizplus
Rating: 4.7 (42 reviews)

Question

-In the above figure, if the budget line shifts from RT to RS, the income effect is illustrated by the move from
A) a to b. 
B) A to c. 
C) b to c 
D) T to S.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, if the budget line shifts from RT to RS, the income effect is illustrated by the move from
A) a to b. 
B) A to c. 
C) b to c 
D) T to S.

-In the Above Figure, If the Budget Line Shifts from RT