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If both prices increases by 50%:

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If both prices increases by 50%:

If both prices increases by 50%
A) budget constraint will be unchanged.
B) slope of the budget constraint stay the same.
C) slope of the budget constraint will decrease.
D) budget constraint will shift outward in a parallel fashion.

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Microeconomics

Edition: 6^th

Author: Perloff

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Helped a lot

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Thank you, thank you, thank you!

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