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MICROECONOMICS CH : 4 CONSUMER'S EQUILIBRIUM INDIFFERENCE CURVE ANALYSIS — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 4 CONSUMER'S EQUILIBRIUM INDIFFERENCE CURVE ANALYSIS1 Mark
MCQ
A shift in the budget line, when prices are constant, is due to:
  • A
    change in demand
  • ✓
    change in income
  • C
    change in preferences
  • D
    change in utility
✓

Answer

Correct option: B.
change in income
(b) change in income

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