As the Price of a Good Whose Units Are Measured

question 63

Multiple Choice

As the price of a good whose units are measured along the x-axis 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 such that the y-intercept stays the same and the x-intercept shifts toward the origin.
• D)rotate outward away from the origin.

---

Definitions:

End

Conclusion or termination point of a process or activity.

Questionnaires

A research instrument consisting of a series of questions designed to gather information from respondents about various topics.

Anonymous

A state where an individual's identity is unknown or not disclosed, often used to protect privacy or encourage honest responses.

Administered

The process by which a test, medication, or procedure is given or applied to a participant or patient in a controlled manner.