If the Graph Shown Represents Hanna's Budget Constraint,and the Price

question 59

Multiple Choice

If the graph shown represents Hanna's budget constraint,and the price of hairbands were to decrease,the slope of Hanna's budget constraint would become:

• A) steeper, reflecting the fact that hairbands are now relatively less expensive.
• B) flatter, reflecting the fact that hairbands are now relatively more expensive.
• C) steeper, reflecting the fact that earrings are now relatively less expensive.
• D) flatter, reflecting the fact that earrings are now relatively more expensive.

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Definitions:

New Netherland

New Netherland was a 17th-century colonial province of the Dutch Republic that included parts of what are now the Eastern United States, exemplifying early Dutch influence in North America.

English Acquisition

The process of learning or acquiring English language skills.