Consider a Budget Line Drawn with Apples on the Vertical

question 13

Multiple Choice

Consider a budget line drawn with apples on the vertical axis and oranges on the horizontal axis.The consumer's income is $100,the price of apples is $5,and the price of oranges is $10.Suppose the consumer's income falls to $75.00,but the prices of apples and oranges remain unchanged.The change in income produces a:

• A)parallel shift inward of the indifference curves.
• B)new budget line which is steeper than the original one.
• C)parallel shift inward of the budget line.
• D)new budget line which is flatter than the original one.

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Definitions:

High-tech Warfare

Military operations that rely heavily on advanced technology, including digital communications, precision weapons, and automated systems, to gain superiority over opponents.

Evolutionary Controls

Factors guided by evolutionary processes that regulate the development and behavior of organisms to ensure their adaptation and survival.

Aggressive Impulses

Innate drives or tendencies to act aggressively, often triggered by environmental or psychological factors.

Evolutionary Factors

Elements or conditions influencing the development and survival of species over generations through natural selection and adaptation.