The Quantity of Good a Is Measured Along the Vertical

question 19

Multiple Choice

The quantity of good A is measured along the vertical axis, and the quantity of good B is measures along the horizontal axis. If the price of Good A falls

• A) the vertical intercept of the budget line moves along the vertical axis away from the origin.
• B) the vertical intercept of the budget line moves along the vertical axis toward the origin.
• C) the horizontal intercept (along Good B) of the budget line will increase.
• D) none of the above

---

Definitions:

Libertarians

Individuals who advocate for minimal government intervention in personal lives and the economy, emphasizing individual freedom and voluntary association.

Moral Responsibility

The obligation to act righteously and make decisions that are ethically sound, considering the impact on others.

National Borders

The officially recognized boundaries that separate the territories of different countries, impacting politics, economy, and migration.

Cultural Relativists

Individuals or theorists who believe that the values and standards of cultures differ and deserve respect, arguing that no one culture's ethics or practices are superior to another's.