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Consider the following graphs depicting budget constraints, then answer the questions below.
a.Which panel shows an increase in the price of X?
b.Does panel C show an increase or decrease in the price of good Y?
c.Which panel shows an increase in the consumers income, if prices remain unchanged?
d.Which panel - if any - shows an equally propionate decrease in the price of both goods?
Moral Development
The process through which individuals develop proper attitudes and behaviors towards other people in society, based on social and cultural norms, laws, and rules.
Lawrence Kohlberg
An American psychologist best known for his theory of stages of moral development.
Postconventional Moral
A level of moral reasoning that is based on abstract reasoning and principles, beyond societal norms or laws.
Segregation
The act or state of separating or setting apart from others or from the main body or group.
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