If the Slope of the Budget Line Changes,there Must Have

question 1

Multiple Choice

If the slope of the budget line changes,there must have been

• A) a change in the consumer's preferences.
• B) an increase in the consumer's income.
• C) a change in the price of at least one good.
• D) a change in the price of both goods.
• E) None of these could cause a change in the slope of the budget line.

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