Figure and Table: the Budget Line

question 164

Essay

Figure and Table: The Budget Line
(Figure and Table: The Budget Line) Look at the figure and table The Budget Line.In the figure, _____ _ in the price of potatoes would rotate the budget line along the _ _____ axis ___ the origin.
A.an increase; horizontal; away from
B.a decrease; horizontal; toward
C.an increase; vertical; toward
D.a decrease; vertical; toward

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Definitions:

Utilitarian

A philosophical approach that emphasizes the outcome or consequences of actions in terms of their benefits or utility, often summarized as the greatest good for the greatest number.

Passive-Congenial

A term possibly related to passive behaviors or traits within congenial (friendly and pleasant) settings or relationships, though not a widely recognized key term.

Convenience

The quality or condition of being easy to do, use, or access, often improving efficiency or comfort.

Devitalized

Lacking in energy, vitality, or life force; often used to describe a deteriorated condition.