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In this map of indifference curves and budget lines, income increases from the budget line 1 (with optimal consumption at point A) to budget line
In this map of indifference curves and budget lines, income increases from the budget line 1 (with optimal consumption at point A) to budget line 2 (with optimal consumption at point B). (4 points) Clothing Food a. Does consumption of Clothing increase or decrease? increases/decreases b. Does consumption of Food increase or decrease? increases/decreases
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