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Figure 21-23 -Refer to Figure 21-23. When the Price of X Is

question 400

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Figure 21-23 Figure 21-23   -Refer to Figure 21-23. When the price of X is $80, the price of Y is $20, and the consumer's income is $160, the consumer's optimal choice is D. Then the price of X decreases to $20. The income effect can be illustrated as the movement from A) D to E. B) D to C. C) C to E. D) E to D.
-Refer to Figure 21-23. When the price of X is $80, the price of Y is $20, and the consumer's income is $160, the consumer's optimal choice is D. Then the price of X decreases to $20. The income effect can be illustrated as the movement from

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