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29-11-2022
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Refer to Figure 21-21. Suppose that a consumer is originally at point R. Then the price of good X decreases. Which of the following represents the income effect of the price decrease?
the movement from point R to point S
the movement from point R to point T
the movement from point T to point S
None of the above is correct.

Refer to Figure 2121 Suppose that a consumer is originally at point R Then the price of good X decreases Which of the following represents the income effect of class=

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