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The Following Diagram Shows Two Budget Lines: a and B

question 169

Multiple Choice

The following diagram shows two budget lines: A and B. The following diagram shows two budget lines: A and B.   Which of the following could explain the change in the budget line from A to B? A)  a decrease in the price of X B)  an increase in the price of Y C)  a decrease in the price of Y D)  More than one of the above could explain this change.
Which of the following could explain the change in the budget line from A to B?


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