Johnny Consumes Only Bread and Milk

question 6

Multiple Choice

Johnny consumes only bread and milk. When thinking of his budget constraint, assume that milk is on the horizontal axis. If the price of milk rises, his budget constraint will:

• A) shift outwards
• B) shift inwards
• C) pivot inwards along the horizontal axis
• D) pivot inwards along the vertical axis

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Definitions:

Decibels

A unit of measurement used to express the intensity of sound, based on a logarithmic scale.

Loudness

A perceptual measure of the strength or intensity of a sound, often correlated with physical amplitude of the sound waves.

Olfactory Epithelium

This is a specialized epithelial tissue inside the nasal cavity that is involved in smell.

Receptor Cells

Specialized cells that convert external stimuli, such as light, sound, or chemicals, into electrical signals for the nervous system to process.