A change in price that is accompanied by a change in income to leave the consumer's well-being unaffected is called:
A) An uncompensated price change
B) A compensated price change
C) An income adjusted price change
D) The income effect

Name: A change in price that is accompanied by a change in income to leave the consumer's well-being unaffected is called: A) An uncompensated price change B) A compensated price change C) An income adjusted price change D) The income effect
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Question

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The Answer is B

A Change in Price That Is Accompanied by a Change