In the Graph Above,A Is the Initial Budget Line and B

question 8

Multiple Choice

In the graph above,A is the initial budget line and B is the new budget line.Which of the following changes might have occurred?

• A) P₁ was unchanged,P₂ increased,income decreased.
• B) P₁ decreased,P₂ increased,income was unchanged.
• C) P₁ increased,P₂ decreased,income was unchanged.
• D) P₁ decreased,P₂ was unchanged,income increased.

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Definitions:

Molybdenum

A silvery-white, hard metal used in steel alloys to increase strength, hardness, and resistance to corrosion.

Metalloids

Elements with properties that are intermediate between metals and nonmetals.

Periodic Table

A layout in table form of chemical elements, arranged according to atomic number, electron configuration, and periodic chemical properties.

Properties

Characteristics of a substance that define its physical and chemical behavior, such as melting point, boiling point, density, and reactivity.