If the Consumer's Income and All Prices Simultaneously Double,then

question 17

Multiple Choice

If the consumer's income and all prices simultaneously double,then

• A)the optimum consumption bundle will shift outward relative to the old optimum.
• B)the optimum consumption bundle will move leftward along the old budget constraint.
• C)the optimum consumption bundle will not change.
• D)the optimum consumption bundle will shift inward relative to the old optimum.

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