Multiple Choice
Exhibit 6A-6 Consumer equilibrium
As shown in Exhibit 6A-6, movement from consumer equilibrium at point Y to point X is caused by a(n) :
A) increase in the price of good X.
B) decrease in the price of good X.
C) increase in the price of good Y.
D) decrease in the price of good Y.
Correct Answer:
Verified
Correct Answer:
Verified
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