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    Economics Today Study Set 1
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    Exam 20: Consumer Choice
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    -Use the Above Figure
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-Use the Above Figure

Question 413

Question 413

Multiple Choice

  -Use the above figure. When the budget line rotates from  c  to  b  A)  the price of product J increases. B)  the price of product J decreases. C)  the price of product K increases. D)  the price of product K decreases.
-Use the above figure. When the budget line rotates from "c" to "b"


A) the price of product J increases.
B) the price of product J decreases.
C) the price of product K increases.
D) the price of product K decreases.

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