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The author states that as the price of a good changes, the budget constraint the consumer faces shifts, so the consumer chooses a new bundle.
The author states that "as the price of a good changes, the budget constraint the consumer faces shifts, so the consumer chooses a new bundle." What is wrong with this statement? Group of answer choices There is nothing wrong with this statement. The author is correct. When the price of a good changes, the consumer does not choose a new bundle. When the price of a good changes, the budget constraint rotates, it does not shift
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