-The Above Figure Gives Your Budget Line Between CDs and Magazines

question 180

Multiple Choice

-The above figure gives your budget line between CDs and magazines. What would allow you to buy more CDs?

• A) a decrease in the relative price of CDs
• B) an increase in income
• C) a decrease in the price of magazines with no change in the price of CDs
• D) All of the above changes would allow you to buy more CDs.