Figure 5-4 -In Figure 5-4, the Rightward Shift in Budget Lines from in Budget

Multiple Choice

Figure 5-4

-In Figure 5-4, the rightward shift in budget lines from the one containing point A to the one containing point B

A) resulted from equal price reductions in beer and wine.
B) resulted from an increase in the consumer's income.
C) could have been caused by income or price changes.
D) All of the answers above are correct possibilities.
E) None of the above is correct.