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

Indifference curves and budget lines — practice question

The diagram illustrates three budget lines, QR, QT and SR. QR is the consumer’s original budget line. Which set of changes could make the budget line move to SR?

  • Aprice of good X: decrease; consumer’s income: decrease
  • Bprice of good X: decrease; consumer’s income: increase
  • Cprice of good X: increase; consumer’s income: decrease
  • Dprice of good X: increase; consumer’s income: increase

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