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Question 55

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Use the following to answer questions:
Figure: Budget Constraint Use the following to answer questions: Figure: Budget Constraint -(Figure: Budget Constraint) Refer to the figure. If the price of sneakers rises, then the budget constraint in the figure will: A) not change. B) become steeper. C) become flatter. D) shift to the left.
-(Figure: Budget Constraint) Refer to the figure. If the price of sneakers rises, then the budget constraint in the figure will:


A) not change.
B) become steeper.
C) become flatter.
D) shift to the left.

Correct Answer:

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