The Quantities of Good M Are Plotted on the Vertical

question 434

Multiple Choice

The quantities of Good M are plotted on the vertical axis while the quantities of Good N are plotted on the horizontal axis. The prices of both M and N fall. The intercepts of the budget line would

• A) decline along both axes.
• B) rise on the vertical axis and also rise on the horizontal axis.
• C) rise on the horizontal axis but stay unchanged on the vertical axis.
• D) rise on the vertical axis but stay unchanged along the horizontal axis.

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Definitions:

Strike-Slip Faults

Faults where two blocks of crust slide past each other horizontally, with little vertical motion.

Plate Boundary

The margin or border between two tectonic plates, which can be characterized by seismic activity, volcanism, and distinct geological formations.

Subduction Zone

A tectonic plate boundary where one plate moves under another and is forced into the mantle, typically creating earthquakes and volcanic activity.

Earthquake Risk

Earthquake risk refers to the probability of earthquakes occurring in a region and the potential damage they can cause to life, property, and the environment.