A Decrease in the Prices of Two Products That a Consumer

question 58

Multiple Choice

A decrease in the prices of two products that a consumer buys out of a constant budget would cause the consumer's

• A)indifference curves to shift outward from the origin.
• B)indifference curves to shift inward to the origin.
• C)budget line to shift outward from the origin.
• D)budget line to shift inward to the origin.

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Definitions:

Define Intimacy

The act or process of making known or familiar, typically referring to close and personal relationships characterized by emotional, physical, or sexual closeness.

Ludus Style

exemplifies a type of love characterized by a playful, casual, and sometimes uncommitted approach to romantic relationships, focusing on fun and enjoyment.

Perfectly Matched

The concept of two individuals being ideally compatible in a relationship, often emphasized in romantic contexts.

Components of Love

Elements that constitute love, typically categorized by psychologists as intimacy, passion, and commitment.