The Following Diagram Shows Two Budget Lines: a and B

question 109

Multiple Choice

The following diagram shows two budget lines: A and B.
Which of the following could explain the change in the budget line from A to B?

• A) a simultaneous decrease in the price of X and the price of Y
• B) an increase in income
• C) an increase in income and a decrease in the price of Y
• D) Both a and b are correct.

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Definitions:

Hospitalized Patients

Individuals admitted to a hospital for treatment, observation, or surgery, requiring overnight stay or longer.

Infants

Very young children, typically under one year of age, who are in the earliest stages of development.

Edentulism

The condition of being without natural teeth, either partially or completely, affecting an individual's ability to eat, speak, and maintain oral health.

Weight Gain

The increase in body weight over time, which can result from a variety of causes including diet, lifestyle, or health conditions.