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If the Price of the Good Measured Along the Vertical

Question 50

Multiple Choice

If the price of the good measured along the vertical axis increases without a change in the price of the good measured along the horizontal axis,a consumer's budget constraint ________.


A) pivots rightward without a change in the intercept on the horizontal axis
B) pivots leftward without a change in the intercept on the horizontal axis
C) shifts to the right
D) shifts to the left

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