Carlos Can Buy Either Sushi or Eggrolls

question 199

Multiple Choice

Carlos can buy either sushi or eggrolls. If the prices of sushi and eggrolls triple and Carlos's money income doubles, we can deduce that Carlos'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:

Technology Close

A close in which the seller uses technology to present information.

Act Professionally

Conducting oneself in a manner that is ethical, responsible, and respectful within a professional environment, often adhering to the standards and expectations of the profession.

T-Account Close

The process of transferring the balances of temporary accounts to a permanent account at the end of an accounting period to prepare for a new period.

Benjamin Franklin Close

A sales technique that encourages a customer to make a decision by listing pros and cons of purchasing a product or service, akin to Benjamin Franklin's decision-making method.