A Leftward Shift of a Consumer's Budget Line to a Position

question 242

Multiple Choice

A leftward shift of a consumer's budget line to a position parallel with the original one could indicate that the:

• A)price of one product has decreased in relation to the other.
• B)prices of both products have decreased in the same proportion.
• C)marginal utilities derived from both products have decreased.
• D)consumer's money income has increased but the prices of both products have increased proportionately more.

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Definitions:

Trisomy 18

A genetic disorder caused by the presence of an extra 18th chromosome, leading to severe developmental and physical abnormalities.

Trisomy 13

Trisomy 13, also known as Patau syndrome, is a chromosomal condition associated with severe intellectual disability and physical abnormalities in many parts of the body.

Trisomy 12

A genetic disorder characterized by having three copies of chromosome 12 in cells, instead of the usual two, which can lead to various developmental and health issues.

Congenital Lordosis

An exaggerated inward curvature of the spine present at birth, leading to a pronounced swayback appearance.