An Increase in the Price of the Good Measured on the Horizontal

question 94

Multiple Choice

An increase in the price of the good measured on the horizontal axis of a budget line diagram will

• A)make the budget line flatter
• B)make the budget line steeper
• C)leave the budget line unchanged
• D)cause a parallel inward shift of the budget line
• E)cause a parallel outward shift of the budget line

---

Definitions:

Care Ethics

An ethical theory that emphasizes the moral importance of caring and nurturing relationships, focusing on responsiveness to the needs of others.

Abstract Theorizing

The process of thinking and theorizing in a way that is detached from practical considerations or concrete instances.

Aristotle

An ancient Greek philosopher and polymath, a student of Plato and teacher of Alexander the Great, whose works covered various subjects including physics, metaphysics, poetry, theater, music, logic, rhetoric, politics, government, ethics, biology, and zoology.

Virtues

Qualities or traits deemed to be morally good and desirable in a person, such as honesty, courage, and compassion.