Imagine a Budget Line Depicting a Consumer's Possible Allocation of a Given

question 88

Multiple Choice

Imagine a budget line depicting a consumer's possible allocation of a given income between fruit and vegetables.If the consumer's income increases at the same time the price of vegetables rises,the budget line's intercept with the

• A)fruit axis will be unaffected
• B)fruit axis will move toward the origin
• C)vegetable axis will be unaffected
• D)fruit axis will move toward the origin.
• E)vegetable axis might remain unchanged,move toward the origin,or move away from the origin

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The act of reading and comprehending textbooks, which are comprehensive compilations of content in particular areas of study.

Multiple Choice

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Essay Test

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