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dbomb1 dbomb1
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A year ago
Suppose a consumer can purchase only two goods, pasta and cheese. Let the quantity of pasta be measured on the vertical axis and the quantity of cheese be measured on the horizontal axis. If the price of pasta falls, with no change in the price of cheese or in the consumer's money income, then the budget line for the consumer will rotate

▸ toward the origin and become steeper.

▸ toward the origin and become flatter.

▸ outward parallel to the existing budget line.

▸ away from the origin and become steeper.

▸ away from the origin and become flatter.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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mbiij16mbiij16
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A year ago
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dbomb1 Author
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A year ago
This site is awesome
linlinlin
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You make an excellent tutor!
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Good timing, thanks!
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