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If a Product's Price Falls and the Consumer Buys 4

Question 98

Multiple Choice

If a product's price falls and the consumer buys 4 units,as they did before the price change,then the:


A) budget line will be unaffected.
B) budget line must shift inward to the origin.
C) budget line may shift either outward from or inward to the origin.
D) consumer will no longer be in equilibrium.

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