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Author Question: The diagram below shows a set of budget lines facing a household.FIGURE 6-8Refer to Figure 6-8. The ... (Read 251 times)

Aimless0988

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on: Oct 12, 2022

The diagram below shows a set of budget lines facing a household.



FIGURE 6-8
Refer to Figure 6-8. The movement of the budget line from ab to ef could be caused by


◦ an equal percentage decrease in the price of both food and housing.
◦ an increase in the price of either food or housing.
◦ a decrease in money income.
◦ a decrease in the price of either food or housing.
◦ an equal percentage increase in the price of both food and housing.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Aimless0988 on Oct 12, 2022

ekattan2

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Reply #1 on: Oct 12, 2022
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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Aimless0988

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

xiazhe

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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