DECREASES IN PRODUCT PRICES CAUSES THE CONSUMER'S

46. - TEST BANK FOR ESSENTIALS OF ECONOMICS 3RD EDITION BY BRUE
TEST BANK FOR ESSENTIALS OF ECONOMICS 3RD EDITION BY BRUE
46. Decreases in product prices causes the consumer's:production possibilities curves to shift outward from the origin.production possibilities curves to shift inward to the origin.→ budget line to shift outward from the origin.budget line to shift inward to the origin. AACSB: AnalyticBlooms: RememberDifficulty: 1 EasyLearning Objective: 01-04 List the categories of scarce resources and delineate the nature of the economizing problem.Topic: Individual's economic problemMultiple Choice Question