Michael Can Buy Either Pizzas or Submarine Sandwiches

question 228

Multiple Choice

Michael can buy either pizzas or submarine sandwiches. If the prices of pizzas and submarine sandwiches double and Michael's money income triples, we can conclude that Michael's budget constraint will

• A) shift in but remain parallel to the old one.
• B) shift out but remain parallel to the old one.
• C) swivel in so that the slope of the budget constraint is doubled.
• D) remain unchanged.

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Definitions:

Music

An art form and cultural activity organized in time, expressed through the creation and performance of sounds, rhythms, and melodies.

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Technologies that are intended to reach a large audience via mass communication, like newspapers, television, and the internet.

Youth

The period of life between childhood and adulthood, often characterized by growth, exploration, and the development of identity.