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Use the Figure Below to Answer the Following Questions

Question 92

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions.   Figure 9.3.3 -Consider an initial budget line labelled RT in Figure 9.3.3.What would rotate the budget line to RS? A) a rise in the price of good X B) a fall in the price of good X C) a rise in the price of good Y D) a decrease in the preference for good X E) an increase in real income Figure 9.3.3
-Consider an initial budget line labelled RT in Figure 9.3.3.What would rotate the budget line to RS?


A) a rise in the price of good X
B) a fall in the price of good X
C) a rise in the price of good Y
D) a decrease in the preference for good X
E) an increase in real income

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