This Graph Shows Three Different Budget Constraints: A,B,and C

question 44

Multiple Choice

This graph shows three different budget constraints: A,B,and C.
If Doug is on budget constraint C in the graph shown,what would cause it to shift to budget constraint B?

• A)Doug loses his job.
• B)Doug finds soda at a warehouse outlet for a lower price.
• C)Doug's grocery store raises the price of milk by 10 percent.
• D)Doug's grocery store has lowered all prices by 33 percent.

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Definitions:

Intrusive Rock

Igneous rock formed from magma that cools and solidifies within the crust of the planet, creating large crystal grains.

Extrusive Rock

Igneous rock that forms on the Earth's surface as lava cools and solidifies.

Igneous Rock

Stone created by magma or lava hardening as it cools.

Viscosity

A measure of a fluid's resistance to flow, where fluids with high viscosity flow more slowly than those with low viscosity.