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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 6: Appendix--Indifference Curves and Utility Maximization
  5. Question
    Exhibit 6-28 the Rotation of the Budget Line in Exhibit
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Exhibit 6-28 the Rotation of the Budget Line in Exhibit

Question 79

Question 79

Multiple Choice

Exhibit 6-28 Exhibit 6-28   The rotation of the budget line in Exhibit 6-28 from AB to AC represents A) an increase in the price of clams B) an increase in the price of mussels C) a decrease in the price of clams D) a decrease in the price of mussels E) an increase in the amount the consumer can spend The rotation of the budget line in Exhibit 6-28 from AB to AC represents


A) an increase in the price of clams
B) an increase in the price of mussels
C) a decrease in the price of clams
D) a decrease in the price of mussels
E) an increase in the amount the consumer can spend

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