Examlex

Solved

​A Decrease in the Price of the Good on the Horizontal

question 194

True/False

​A decrease in the price of the good on the horizontal axis rotates the budget constraint counterclockwise.


Definitions:

Fiber

A dietary substance found in plants that is not digested by the human gastrointestinal tract but is essential for digestion and health.

Saturated Fats

Fats that contain only saturated fatty acids, typically solid at room temperature and found in animal fats and some plant oils.

Animal Sources

Foods or products derived from animals, including meat, dairy, and eggs, often distinguished from plant-based sources.

Hydrogen

A colorless, odorless, and tasteless gas that is the lightest and most abundant element in the universe. It is represented by the symbol H and has an atomic number of 1.

Related Questions