Economics 9708 · AS & A Level · Indifference curves and budget lines

Indifference curves and budget lines — practice question

In the diagram, the consumer’s original budget line is GH. If the price of X remains unchanged, what might account for the consumer’s budget line moving to JK?

  • Aprice of good Y decrease; consumer’s money decrease
  • Bprice of good Y decrease; consumer’s money increase
  • Cprice of good Y increase; consumer’s money decrease
  • Dprice of good Y increase; consumer’s money increase

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