Figure: Budget Constraints 3 Refer to the Figure

question 107

Multiple Choice

Figure: Budget Constraints 3 Refer to the figure. What could have caused the shift in the budget constraint?

• A) The price of music downloads decreased.
• B) The price of movie downloads increased.
• C) This consumer's income increased.
• D) This consumer's income decreased.

---

Definitions:

Less Cost

Lower expenses or reductions in the amount required to purchase or produce something.

Advertising Plan

A strategy devised to promote and sell a product or service, including target audience, messaging, and media channels.

Advertising Agencies

Companies specialized in creating, planning, and handling advertising and other forms of promotion and marketing for their clients.

Preliminary Studies

Initial research or analysis conducted to assess the viability, cost, and potential impact of a proposed project or initiative.