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    Exam 6: Appendix: Indifference Curves and Utility Maximization
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    Imagine a Budget Line Between Two Goods, a and B
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Imagine a Budget Line Between Two Goods, a and B

Question 74

Question 74

Multiple Choice

Imagine a budget line between two goods, A and B. If both prices triple while income doubles,


A) the budget line stays the same
B) the budget line rotates clockwise
C) the budget line rotates counterclockwise
D) the budget line shifts outward
E) the budget line shifts toward the origin

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