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The consumer must choose between buying cookies and pie. The consumer's income is $100. Suppose that the price of a cookie falls from $5 to

The consumer must choose between buying cookies and pie. The consumer's income is $100. Suppose that the price of a cookie falls from $5 to $2. The income effect is represented by the movement from point _______. a. x to point y b. z to point x c. y to point x d. x to point z

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