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Question Practice

How does the budget set change if the price of mangoes decreases?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Theory Of Consumer Behaviour
Question Bank

How does the budget set change...

Single Answer MCQ
Q-00089344

How does the budget set change if the price of mangoes decreases?

1

The budget set remains the same

2

The budget set expands

3

The budget set contracts

4

The budget set collapses

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