An in-kind gift causes the budget line to
A) shift to the right in a parallel fashion.
B) shift to the left in a parallel fashion.
C) rotate counter-clockwise.
D) none of the statements associated with this question are correct.
Correct Answer:
Verified
Q61: If income decreases,then:
A) the budget line remains
Q62: Indifference curves further from the origin imply
A)a
Q63: If the price of a good rises,
Q64: Which is more preferred between a cash
Q67: If a consumer is given a $10
Q70: If income increases,the budget line:
A) shifts to
Q70: A cash gift causes the budget line
Q71: If you sell an inferior good, offering
Q79: The equilibrium consumption bundle is:
A) the bundle
Q80: If the slope of the indifference curve
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