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If the price of good Y (the good on the Y-axis, the vertical one) decreases: Question 3 options: The budget line will rotate upward, keeping
If the price of good Y (the good on the Y-axis, the vertical one) decreases:
Question 3 options:
The budget line will rotate upward, keeping the y-axis intercept constant
The budget line will rotate downwards, keeping the x-axis intercept constant
The budget line will rotate upwards, keeping the x-axis intercept constant
The budget line will shift right
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