Question: In the below figure, a consumer is initially in equilibrium at point C. The consumer's income is $900, and the budget line through point C

In the below figure, a consumer is initially in equilibrium at point C. The consumer's income is $900, and the budget line through point C is given by $900 = $300X +$450Y.When the consumer is given a $300 gift certificate that is good only at store X, she moves to a new equilibrium at point D.

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