Exhibit 6A-5 Consumer Equilibrium
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Given the budget lines and indifference curves shown in Exhibit 6A-5, if the budget line shifts from AB to AC, then the equilibrium points X and Y:
A. result from a decrease in the price of good X.
B. are two points along a downward sloping demand curve for good X.
C. result from a decrease in the consumer's budget.
D. result from a decrease in the price of good Y.
Answer: B
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