The Figure Above Shows Three Budget Lines

question 69

Multiple Choice

The figure above shows three budget lines.
-Based on the figure above,on which budget line is the relative price of gum the highest?

• A) budget line BL2
• B) budget line BL0
• C) budget line BL1
• D) The relative price is the same along all three budget lines.
• E) To answer the question, more information is needed about the consumer's income.

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Definitions:

Foot-In-The-Door Technique

A persuasion strategy where one starts with a small request to increase the likelihood of gaining compliance with a larger request later.

Billboard

A large outdoor board for displaying advertisements, typically found alongside busy roads and high-traffic areas.

Candidate

An individual who is considered for a particular position or role, often in elections, job positions, or other competitive environments.

Foot-In-The-Door Technique

A compliance strategy that involves getting a person to agree to a small request to increase the likelihood of agreeing to a larger request later.