Question: what's the right answer Question 20 The difference between a price decrease and an increase in income is that A price decrease does not affect
what's the right answer
Question 20 The difference between a price decrease and an increase in income is that A price decrease does not affect the consumption of other goods, while an increase in income does. A price decrease leaves real income unchanged, while an increase in income increases real income. A price decrease decreases real income, while an increase in income increases real income. An increase in income does not affect the slope of the budget line, while a decrease in price does change the slopeStep by Step Solution
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