Solved

Exhibit 21-8 -Refer to Exhibit 21-8.A Move of the Budget Constraint from the Budget

Question 145

Multiple Choice

Exhibit 21-8
Exhibit 21-8    -Refer to Exhibit 21-8.A move of the budget constraint from 2 to 3 is caused by a A)  rise in the price of good X. B)  fall in the price of good X. C)  rise in the price of good Y. D)  fall in income.
-Refer to Exhibit 21-8.A move of the budget constraint from 2 to 3 is caused by a


A) rise in the price of good X.
B) fall in the price of good X.
C) rise in the price of good Y.
D) fall in income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions