Assume That a Consumer Purchases Two Products and the Consumer's

question 140

Multiple Choice

Assume that a consumer purchases two products and the consumer's money income increases.All other things equal,the most likely effect is:

• A) an outward shift in the production possibilities curve because the consumer can now satisfy more wants.
• B) an inward shift in the budget line because the consumer can now purchase less of both products.
• C) an outward shift in the budget line because the consumer can now purchase more of both products.
• D) no change in the consumer's buying pattern.