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Author Question: The graph shows Jeanne's budget line. If the price of coffee increases, the budget line (Read 1744 times)

xclash

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The graph shows Jeanne's budget line.  If the price of coffee increases, the budget line
◦ rotates outward and becomes flatter.
◦ may change, but we need information about what Jeanne's demand curve is.
◦ rotates inward and becomes steeper.
◦ shows that relative prices don't change.
◦ shifts outward away from the origin.


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Marked as best answer by xclash on May 24, 2019

lin77x

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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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lin77x

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