Multiple Choice
The figure below shows a consumer maximizing utility at two different prices (the left panel) and the consumer's demand for good X at the same two prices of good X (the right panel) .The price of good Y is $4.50.When the price of X increases from point S to point R along the demand curve,$___________ of income must be temporarily given to the consumer to isolate the substitution effect. 
A) $175
B) $180
C) $200
D) $360
E) $400
Correct Answer:
Verified
Correct Answer:
Verified
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