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-In the Above Figure, Income Is $8, the Price of a Soft

Question 68

Multiple Choice

-In the above figure, income is $8, the price of a soft drink is $1, and the initial price of a milkshake is $2) If the price of a milkshake decreases to $1, the income effect is the movement from point _______ To point _______. A) b; c B) b; d C) a; c D) a; b
-In the above figure, income is $8, the price of a soft drink is $1, and the initial price of a milkshake is
$2) If the price of a milkshake decreases to $1, the income effect is the movement from point _______
To point _______.


A) b; c
B) b; d
C) a; c
D) a; b

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