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As the Price of a Good Whose Units Are Measured

Question 63

Multiple Choice

As the price of a good whose units are measured along the x-axis increases, holding the consumer's income and the price of the other good constant, the budget line will:


A) shift inward toward the origin.
B) shift outward away from the origin.
C) rotate such that the y-intercept stays the same and the x-intercept shifts toward the origin.
D) rotate outward away from the origin.

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