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    Intermediate Microeconomics Study Set 1
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    Exam 1: Budget Constraint-Part A
  5. Question
    If Good 1 Is on the Horizontal Axis and Good
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If Good 1 Is on the Horizontal Axis and Good

Question 50

Question 50

True/False

If good 1 is on the horizontal axis and good 2 is on the vertical axis, then an increase in the price of good 1 will not change the horizontal intercept of the budget line.

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