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The Following Diagram Shows Two Budget Lines: a and B

question 20

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The following diagram shows two budget lines: A and B. The following diagram shows two budget lines: A and B.   Which of the following could explain the change in the budget line from A to B? A)  a decrease in income and a decrease in the price of X B)  a decrease in income and an increase in the price of X C)  an increase in income and a decrease in the price of X D)  an increase in income and an increase in the price of X Which of the following could explain the change in the budget line from A to B?


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