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

question 77

Multiple Choice

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

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

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