-In the Figure Above, a Decrease in the Price of a Bag

question 417

Multiple Choice

-In the figure above, a decrease in the price of a bag of potato chips would result in the budget line

• A) making a parallel shift toward point a.
• B) making a parallel shift toward point c.
• C) becoming flatter.
• D) becoming steeper.

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Definitions:

Physiological

Relating to the functions and processes of living organisms and their parts.

Stimulation Needs

The requirement for mental or physical activity to maintain cognitive and physical health, particularly in different age groups or individuals with specific health conditions.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that outlines a five-tier model of human needs, depicted as hierarchical levels within a pyramid.

Basic Human Needs

Fundamental physiological and psychological needs that are common to all humans, such as the need for food, water, shelter, and safety.