Use the following to answer questions:
Figure: Budget Constraint 4 
-(Figure: Budget Constraint 4) Refer to the figure. This figure represents the budget constraint of a consumer who purchases flip-flops and sneakers. If the price of sneakers rises, then the budget constraint will:
Definitions:
Sales
The activity or business of selling goods or services.
Minimum Bid Price
The lowest price at which a seller is willing to sell an asset in an auction or market.
Capital Cost Allowance (CCA)
A tax deduction in Canada that allows businesses to claim a depreciation expense for the use of certain types of property.
Labour And Materials
Labour and materials refer to the primary inputs in the production of goods and services; labour represents human effort provided by employees, while materials include all tangible resources used in production.
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