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Assume That a Consumer Purchases Two Products and the Consumer's

Question 140

Multiple Choice

Assume that a consumer purchases two products and the consumer's money income increases.All other things equal,the most likely effect is:


A) an outward shift in the production possibilities curve because the consumer can now satisfy more wants.
B) an inward shift in the budget line because the consumer can now purchase less of both products.
C) an outward shift in the budget line because the consumer can now purchase more of both products.
D) no change in the consumer's buying pattern.

Correct Answer:

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