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    Price Theory and Applications
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    Exam 4: Consumers in the Marketplace
  5. Question
    As the Price of Good X Increases,the Budget Line
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As the Price of Good X Increases,the Budget Line

Question 37

Question 37

Multiple Choice

As the price of good X increases,the budget line


A) makes a parallel shift outward.
B) makes a parallel shift inward.
C) pivots inward.
D) pivots outward.

Correct Answer:

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