The difference between a pace decrease and an increase in income is that
A. A price decrease does not affect the consumption of other goods while an increase in income does. 0 8. An increase in income does not affect the slope of the budget line while a decrease in price does change the slope 0 C. A price decrease decreases real income while en increase in income increases real income. 0 D. A price decrease loaves real income unchanged while an increase in income increases real Income.
Qua on
1 points Save Arent
What Were the important things that must be developed when characterizing consumer behavior"
• A Individual goals of the farm a B Consumer opportunities. C. Individual goats of the firm and consumer opportunities. 0 D. Consumer preferences and consumer cocorunities.
Question 3
1 points Sucre A ism
The idea that a consumer is limited to Selecting a hurdle of goods that G affordable is captured by the
0 A. Budget constraint. em B. Indifference curve. 0 C. Consumer a:wild:Gum e •• D lance changes
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