A Change in the Price of the Good Measured on the Horizontal

question 10

Multiple Choice

A change in the price of the good measured on the horizontal axis changes ________ of the budget line.

• A)the slope and y-intercept
• B)the slope and x-intercept
• C)the x- and y-intercepts but not the slope
• D)only the slope
• E)only the y-intercept

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Definitions:

Earthquake

The shaking of the surface of the Earth resulting from a sudden release of energy in the Earth's lithosphere that creates seismic waves.

Volcanic Explosions

Violent eruptions from a volcano, releasing magma, gas, and debris with great force and often with little warning.

Seismic Waves

Waves of energy that travel through the Earth's crust, caused by earthquakes, volcanic eruptions, or other seismic events.

Moving Magma

The flow of molten rock beneath or on the Earth’s surface, which can create volcanic eruptions when it reaches the surface.