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    Exam 6: Consumer Choice Theory
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    Exhibit 6A-1 Budget Line
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Exhibit 6A-1 Budget Line

Question 106

Question 106

Multiple Choice

Exhibit 6A-1 Budget line
​ Exhibit 6A-1 Budget line ​   -​As shown in Exhibit 6A-1, a leftward shift in the budget line from CD to AB would result from: A)  ​a price reduction in good X. B)  ​a price reduction in good Y. C)  ​a decrease in consumer income. D)  ​an increase in consumer income.
-​As shown in Exhibit 6A-1, a leftward shift in the budget line from CD to AB would result from:


A) ​a price reduction in good X.
B) ​a price reduction in good Y.
C) ​a decrease in consumer income.
D) ​an increase in consumer income.

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