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QUESTION
Number of Movies per Month 20 1. An increase in income shifts the budget line rightward, with no change in slope (-PX/PY). Number of Movies per Month...
Number of Movies per Month 20 1. An increase in income shifts the budget line rightward, with no change in slope (-PX/PY). Number of Movies per Month 20 2. A decrease in the price of movies rotates the budget line upward. Number of Movies per Month 20 3. while a decrease in the price of pizzas rotates it rightward. How can we possibly speak systematically about people"s preferences?
