Figure 21-3 in Each Case, the Budget Constraint Moves from BC-1 to BC-1

question 74

Multiple Choice

Figure 21-3
In each case, the budget constraint moves from BC-1 to BC-2.
-Refer to Figure 21-3. Which of the graphs in the figure reflects a decrease in the price of good Y only?

• A)graph a
• B)graph b
• C)graph c
• D)graph d

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Definitions:

Common Ancestor

Forebear of two or more lineages or family groups; ancestral to both groups.

Nervous Systems

The complex network of nerve cells and fibers that transmits nerve impulses between parts of the body, coordinating actions and sensory information.

Organisms

Entities that exhibit the characteristics of life, such as growth, reproduction, and the ability to respond to their environment.

Brain Cells

The cells that make up the brain, including neurons which process and transmit information, and glial cells that provide support and protection.