As the Price of a Good Increases, Holding the Consumer's

question 28

Multiple Choice

As the price of a good increases, holding the consumer's income and the price of the other good constant, the budget line will:

• A)shift inward toward the origin.
• B)shift outward away from the origin.
• C)rotate the budget line inward toward the origin.
• D)rotate the budget line outward away from the origin.

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