Multiple Choice
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.If the budget line becomes RS,the income effect is illustrated by the move from point
A) A to B.
B) A to C.
C) B to D.
D) C to B.
E) D to A.
Correct Answer:

Verified
Correct Answer:
Verified
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