If Both Prices Decreases by 50

question 58

Multiple Choice

If both prices decreases by 50%,

• A) budget constraint will be unchanged.
• B) slope of the budget constraint will increase.
• C) slope of the budget constraint will decrease.
• D) budget constraint will shift outward in a parallel fashion.

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Definitions:

Human Brain

The human brain is the organ located in the head of humans that controls thought, memory, emotion, touch, motor skills, vision, breathing, temperature, hunger, and every process that regulates our body.

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