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If the Price of the Good Measured on the Horizontal

Question 90

Multiple Choice

If the price of the good measured on the horizontal axis falls,the substitution effect is indicated by movement to a


A) higher indifference curve.
B) lower indifference curve.
C) steeper part of the same indifference curve.
D) flatter part of the same indifference curve.
E) flatter part of a higher indifference curve.

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