Suppose a Consumer Can Purchase Only Two Goods,pasta and Cheese

question 35

Multiple Choice

Suppose a consumer can purchase only two goods,pasta and cheese.Let the quantity of pasta be measured on the vertical axis and the quantity of cheese be measured on the horizontal axis.If the price of pasta falls,with no change in the price of cheese or in the consumer's money income,then the budget line for the consumer will rotate

• A)toward the origin and become flatter.
• B)toward the origin and become steeper.
• C)away from the origin and become flatter.
• D)away from the origin and become steeper.
• E)outward parallel to the existing budget line.

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Definitions:

Hydrolysis

A process where a molecule's bond is severed by incorporating water.

Endergonic Reaction

A chemical reaction that requires energy to proceed, typically absorbing energy from its surroundings.

Exergonic Redox

Chemical reactions where energy is released, involving the transfer of electrons from one substance to another.

Electron Transport Chain

A series of protein complexes and small molecules that transfer electrons across a membrane within mitochondria to produce ATP.