An Increase in Income Will Cause the Budget Constraint to Shift

question 7

True/False

An increase in income will cause the budget constraint to shift outward and will allow the consumer to be able to choose between two possible optimum choices.

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Definitions:

Genotypes

The genetic makeup of an organism, representing the underlying codes for traits, which interacts with the environment to determine the organism's phenotype.

Heterozygous

Describes an organism that carries two different alleles of a particular gene, one inherited from each parent.

Locus

The specific fixed position of a gene or DNA sequence on a chromosome, serving as a map reference for genetic studies.

Diploid

Referring to cells that contain two sets of chromosomes, one set inherited from each parent, typical of most body cells except for gametes.