What Would Happen to the Budget Line If the Price

question 67

Multiple Choice

What would happen to the budget line if the price of compact disks decreased and compact disks are measured on the vertical axis?

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

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Definitions:

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