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Figure 21-20 -Refer to Figure 21-20.Suppose That a Consumer Is Originally at Consumer

Question 77

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Figure 21-20
Figure 21-20    -Refer to Figure 21-20.Suppose that a consumer is originally at point R.Then the price of good X decreases.Which of the following represents the income effect of the price decrease? A)  the movement from point R to point S B)  the movement from point R to point T C)  the movement from point T to point S D)  None of the above is correct.
-Refer to Figure 21-20.Suppose that a consumer is originally at point R.Then the price of good X decreases.Which of the following represents the income effect of the price decrease?


A) the movement from point R to point S
B) the movement from point R to point T
C) the movement from point T to point S
D) None of the above is correct.

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