Assume Yazmin's Budget Constraint Is Represented by Line C in the Graph

question 79

Multiple Choice

Assume Yazmin's budget constraint is represented by line C in the graph shown. Which of the following would cause Yazmin's budget constraint to shift to line B?

• A)An increase in the price of milk
• B)A decrease in the price of soda
• C)An increase in the price of soda
• D)None of these changes alone would cause a shift from line C to line B.

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Definitions:

Full Scale

Full scale denotes the maximum limit of measurement capacity that an instrument or device can accurately read or represent.

Single Range

Pertains to instruments or devices that operate within a single, uninterrupted span of measurement values without needing to switch scales or modes.

DC Current

Direct Current, emphasizing its role as steady electrical current flowing in one uniform direction.

AC

Alternating Current, a type of electrical current where the flow of electric charge periodically reverses direction.