Figure 21-2 in Each Case, the Budget Constraint Moves from BC₁ to BC₁

question 80

Multiple Choice

Figure 21-2
In each case, the budget constraint moves from BC₁ to BC₂.
Graph (a)
Graph (b)
Graph (c)
Graph (d)
-Refer to Figure 21-2. Which of the graphs in the figure could reflect a simultaneous decrease in the prices of both goods?

• A)Only graph (a)
• B)Only graph (d)
• C)Graph (b) or graph (c)
• D)None of the graphs in the figure can reflect this.

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Definitions:

Datasheet View

A view in database applications that displays data in rows and columns, similar to a spreadsheet.

Datasheet View

A way of viewing data in a database that displays information in rows and columns, similar to a spreadsheet.

Rows And Columns

The horizontal lines (rows) and vertical divisions (columns) that structure data in a table or spreadsheet.

Undo Button

A feature in software applications that allows users to revert the last action or series of actions.