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Refer to the Diagram

Question 139

Multiple Choice

Refer to the diagram. The budget line shift that moves the consumer's equilibrium position from point A to point B suggests Refer to the diagram. The budget line shift that moves the consumer's equilibrium position from point A to point B suggests A) an increase in the quantity of Y demanded. B) a decrease in the quantity of Y demanded. C) a leftward shift in the demand curve for Y. D) a rightward shift in the demand curve for Y.


A) an increase in the quantity of Y demanded.
B) a decrease in the quantity of Y demanded.
C) a leftward shift in the demand curve for Y.
D) a rightward shift in the demand curve for Y.

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