Multiple Choice
The following figure shows a consumer's budget constraint for jeans and sweaters.
-Refer to the figure above.Suppose B₂ is the original budget constraint of a consumer.A change in the budget constraint from B₂ to B₃ indicates ________.
A) a decrease in the price of jeans
B) a decrease in the price of sweaters
C) an increase in the consumer's income
D) a decrease in the consumer's income
Correct Answer:

Verified
Correct Answer:
Verified
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