This Figure Shows a Consumer's Budget Constraint for Apples (Vertical

question 27

Multiple Choice

This figure shows a consumer's budget constraint for apples (vertical axis) and oranges (horizontal axis) .If the price of oranges increases,how is the budget constraint affected?

• A) The budget constraint shifts inward.
• B) The budget constraint does not change.
• C) The vertical intercept E decreases and the horizontal intercept F remains the same,making the budget constraint flatter.
• D) The vertical intercept E is unchanged and the horizontal intercept F decreases,making the budget constraint steeper.

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Definitions:

Drive Or Arousal

Refers to the psychological and physiological states of alertness or excitement that motivate behavior.

Zajonc's Theory

A psychological theory suggesting that mere exposure to a stimulus can improve one's feelings toward it, indicating that emotional responses can be developed without prior cognitive processing.

Social Loafing

The phenomenon where individuals exert less effort when working in a group than when working alone.

Pounds Of Force

A unit of force in the imperial system, symbolized as lbf, equivalent to the force exerted by gravity on a one-pound mass.