The difference between a pace decrease and an increase in income is thatA. A price decrease does not...

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The difference between a pace decrease and an increase in income is thatA. 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 on1 points Save ArentWhat 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 31 points Sucre A ismThe idea that a consumer is limited to Selecting a hurdle of goods that G affordable is captured by the0 A. Budget constraint. em B. Indifference curve. 0 C. Consumer a:wild:Gum e •• D lance changes
	
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David · Accepted Answer

Answers to MCQs: 
1. B 
2. D 
3. A 
4. A 
5. A 
6. D 
7. A 
8. A 
9. C 
10.C 
11.C 
12.A 
13.D 
14.B 
15.A

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...

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