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Combo with "Econ160: Ch.7 Utility Maximization" and 1 other Flashcards | Quizlet

The shift of the budget line from AB to CD in the figure is consistent with:

A) decreases in the prices of both M and N.
B) an increase in the price of M and a decrease in the price of N.
C) a decrease in money income.
D) an increase in money income.

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Joshua Stredder
Joshua StredderLv10
6 Oct 2020

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