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it is a graph question. if the budget line for quantity rotates back however the point increases (from the first line to the back line). Does that make the price of product increase or decrease?

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it is a graph question. if the budget line for quantity rotates back however the point increases (from the first line to the back line). Does that make the price of product increase or decrease?
Answered Same Day Dec 23, 2021

Solution

David answered on Dec 23 2021
124 Votes
Answer:
3) price of product K increases
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