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Refer to the Diagram

Question 132

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Refer to the diagram. The budget line shift that moves the consumer's equilibrium from point A to point B suggests Refer to the diagram. The budget line shift that moves the consumer's equilibrium from point A to point B suggests   A)  an increase in the demand for product X. B)  a decrease in the demand for product X. C)  no change in the demand for product X. D)  that X is an inferior good.


A) an increase in the demand for product X.
B) a decrease in the demand for product X.
C) no change in the demand for product X.
D) that X is an inferior good.

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