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Author Question: When the price of a good increases, the budget constraint does not change. (Read 51 times)

RRMR

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Question 1

Price increases will ________ a household's choice set.


◦ increase
◦ decrease
◦ not change
◦ sometimes increase and other times decrease

Question 2

When the price of a good increases, the budget constraint does not change.


◦ true
◦ false


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Marked as best answer by RRMR on Apr 19, 2019

reversalruiz

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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RRMR

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Reply 2 on: Apr 19, 2019
Excellent


nyrave

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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