Figure 21-4 in Each Case, the Budget Constraint Moves from BC-1 to BC-1

question 13

Multiple Choice

Figure 21-4
In each case, the budget constraint moves from BC-1 to BC-2.
-Refer to Figure 21-4. Which of the graphs in the figure could reflect a decrease in income?

• A)graph a
• B)graph b
• C)graph d
• D)None of the above is correct.

---

Definitions:

Telephone Consumer Protection Act

A United States federal law enacted in 1991 designed to restrict telemarketing calls, the use of automated telephone equipment, and the sending of unsolicited faxes and texts.

Cold Calling

A technique in sales where sales reps make unsolicited calls to potential customers, who have had no prior contact with the salesperson.

Personal Selling Process

A series of steps undertaken by sales professionals to identify potential buyers, communicate benefits, and persuade them to make a purchase.

Do Not Call Registry

A list or database designed to manage and prevent unsolicited telemarketing calls to those who have registered their contact information.