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On a Typical Optimal Choice Diagram, with Budget Lines and Indifference

Question 9

Multiple Choice

On a typical optimal choice diagram, with budget lines and indifference curves, the line that connects the consumer's optimal baskets as the consumer's income changes holding the prices of the goods constant is called the consumer's:


A) income-consumption curve.
B) price-consumption curve.
C) demand curve.
D) Engel curve.

Correct Answer:

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