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FIGURE 6- 8 -Refer to Figure 6- 8. in Part (I), the Consumer

Question 59

Multiple Choice

  FIGURE 6- 8 -Refer to Figure 6- 8. In part (i) , the consumer is able to move from point A to point B because of A)  a decrease in money income. B)  a decrease in the price of one good and an increase in money income. C)  a decrease in the price of bread. D)  a decrease in the price of milk. E)  an increase in real income. FIGURE 6- 8
-Refer to Figure 6- 8. In part (i) , the consumer is able to move from point A to point B because of


A) a decrease in money income.
B) a decrease in the price of one good and an increase in money income.
C) a decrease in the price of bread.
D) a decrease in the price of milk.
E) an increase in real income.

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