Multiple Choice
Use the table below to answer the following question.
Table 4.1.2
-Suppose a rise of 8 percent in the price of bison meat in Saskatchewan reduces the consumption of bison meat by 24 percent.Following the price change,consumers spend
A) more of their income on bison.
B) the same amount of their income on bison as before.
C) less of their income on bison.
D) more on products that are complements of bison.
E) zero dollars on bison meat.
Correct Answer:

Verified
Correct Answer:
Verified
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