Suppose That the Quantity of Pizzas Consumed Per Month Is

question 69

Multiple Choice

Suppose that the quantity of pizzas consumed per month is on the x-axis and the quantity of tacos consumed per month is on the y-axis, an increase in the price of pizza holding the price of tacos constant will:

• A)cause the budget line to shift inward toward the origin in a parallel fashion.
• B)cause the y-intercept to remain the same, but the x-intercept will move closer to the origin.
• C)cause the budget line to shift outward from the origin in a parallel fashion.
• D)cause the x-intercept to shift away from the origin.

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