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Consider the change in the price of a book depicted in the figure. The original budget line is BC . The new budget line is

Consider the change in the price of a book depicted in the figure. The original budget line is BC. The new budget line is BD. As a result of this pricechange, the substitution effect can be represented by a movement from

point F to point G.

point A to point E.

point A to point F.

point A to point G.

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