Multiple Choice
This graph shows three different budget constraints: A,B,and C.
If Doug is on budget constraint C in the graph shown,what would cause it to shift to budget constraint B?
A) Doug loses his job.
B) Doug finds soda at a warehouse outlet for a lower price.
C) Doug's grocery store raises the price of milk by 10 percent.
D) Doug's grocery store has lowered all prices by 33 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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