Assume That Food Is Measured on the Horizontal Axis and Clothing

question 105

Multiple Choice

Assume that food is measured on the horizontal axis and clothing on the vertical axis. If the price of food falls relative to that of clothing, the budget line will:

• A) become flatter.
• B) become steeper.
• C) shift outward.
• D) become steeper or flatter depending on the relationship between prices and income.

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Definitions:

Winding Turns

Refers to the number of times a wire or cable is coiled around a core or spool, impacting the electrical properties in devices like transformers and inductors.

Gauge

A tool or instrument for measuring the size, amount, or degree of something, often used for assessing the thickness, width, or pressure of a material.

DMM V-DC Range

Relates to the voltage range in DC (Direct Current) that a Digital Multimeter can measure.

12-volt Chassis

A vehicle or machinery framework that operates on a 12-volt electrical system, common in most passenger cars and light equipment.