Multiple Choice
Exhibit 6A-6 Consumer equilibrium

-Given the budget lines and indifference curves shown in Exhibit 6A-6, if the budget line shifts, then the equilibrium points X and Y:
A) result from a decrease in the price of good X.
B) result from a decrease in the consumer's budget.
C) are two points along a downward sloping demand curve for good X.
D) result from a decrease in the price of good Y.
Correct Answer:

Verified
Correct Answer:
Verified
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