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-Refer to the Above Figure

Question 3

Multiple Choice

-Refer to the above figure. Given the indifference map and budget constraint represented above, what would make all possible points attainable for the individual to consume? A) An increase in the price of Good X. B) A decrease in income. C) An increase in the price of Good Y. D) A decrease in the price of Good X.
-Refer to the above figure. Given the indifference map and budget constraint represented above, what would make all possible points attainable for the individual to consume?


A) An increase in the price of Good X.
B) A decrease in income.
C) An increase in the price of Good Y.
D) A decrease in the price of Good X.

Correct Answer:

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