Multiple Choice
Use the figure below to answer the following questions. 
Figure 9.3.3
-Consider an initial budget line labelled RS in Figure 9.3.3.The budget line becomes RT with
A) a rise in the price of good X.
B) a fall in the price of good X.
C) a rise in the price of good Y.
D) a decrease in the preference for good X.
E) an increase in real income.
Correct Answer:
Verified
Correct Answer:
Verified
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