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When the Price of a Good Decreases, Ceteris Paribus, the Lower

Question 89

Multiple Choice

When the price of a good decreases, ceteris paribus, the lower price:


A) generally encourages the consumption of inferior goods
B) leads to a parallel shift of the linear budget constraint
C) will necessarily lead to a decrease in the consumption of goods whose price did not change
D) expands the consumer's set of buying opportunities

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