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Question 36

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Use the following to answer questions:
Figure: Budget Constraint 4 Use the following to answer questions: Figure: Budget Constraint 4 -(Figure: Budget Constraint 4) Refer to the figure. This figure represents the budget constraint of a consumer who purchases flip-flops and sneakers. If the price of sneakers rises, then the budget constraint will: A) not change. B) become steeper. C) become flatter. D) shift to the left.
-(Figure: Budget Constraint 4) Refer to the figure. This figure represents the budget constraint of a consumer who purchases flip-flops and sneakers. If the price of sneakers rises, then the budget constraint will:


A) not change.
B) become steeper.
C) become flatter.
D) shift to the left.

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