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Suppose the Price of Is $20 and the Price

Question 8

Multiple Choice

Suppose the price of Suppose the price of is $20 and the price of is $10 and that good is plotted on the horizontal axis.If the price of doubles and the price of triples,leaving the consumer's income unchanged,the budget line A) will become steeper. B) will become flatter. C) will shift in toward the origin. D) will shift out from the origin. is $20 and the price of Suppose the price of is $20 and the price of is $10 and that good is plotted on the horizontal axis.If the price of doubles and the price of triples,leaving the consumer's income unchanged,the budget line A) will become steeper. B) will become flatter. C) will shift in toward the origin. D) will shift out from the origin. is $10 and that good Suppose the price of is $20 and the price of is $10 and that good is plotted on the horizontal axis.If the price of doubles and the price of triples,leaving the consumer's income unchanged,the budget line A) will become steeper. B) will become flatter. C) will shift in toward the origin. D) will shift out from the origin. is plotted on the horizontal axis.If the price of Suppose the price of is $20 and the price of is $10 and that good is plotted on the horizontal axis.If the price of doubles and the price of triples,leaving the consumer's income unchanged,the budget line A) will become steeper. B) will become flatter. C) will shift in toward the origin. D) will shift out from the origin. doubles and the price of Suppose the price of is $20 and the price of is $10 and that good is plotted on the horizontal axis.If the price of doubles and the price of triples,leaving the consumer's income unchanged,the budget line A) will become steeper. B) will become flatter. C) will shift in toward the origin. D) will shift out from the origin. triples,leaving the consumer's income unchanged,the budget line


A) will become steeper.
B) will become flatter.
C) will shift in toward the origin.
D) will shift out from the origin.

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