What Would Happen to the Budget Line When the Price

question 92

Multiple Choice

What would happen to the budget line when the price of tennis shoes decreases if tennis shoes are measured on the horizontal axis?

• A)It would shift to the left.
• B)It would rotate outward along the horizontal axis.
• C)It would rotate inward along the horizontal axis.
• D)It would rotate outward along the vertical axis.
• E)It would rotate inward along the vertical axis.

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Definitions:

Trading Goods

The act of buying, selling, or exchanging commodities within domestic or international markets.

Joseph Smith

The founder of the Latter Day Saint movement, which includes religions like the Church of Jesus Christ of Latter-day Saints, widely known as the Mormon Church.

Mormon Religion

A religious faith founded by Joseph Smith in the early 19th century, officially known as The Church of Jesus Christ of Latter-day Saints, emphasizing restorationist Christianity and a unique set of canonical scriptures.

Divine Intervention

The belief in or act of a deity intervening in the world, often in response to human appeals or circumstances, altering the course of events in a supernatural way.