Multiple Choice
What would happen to the budget line when the price of tennis shoes decreases if tennis shoes are measured on the horizontal axis?
A) It would shift to the left.
B) It would rotate outward along the horizontal axis.
C) It would rotate inward along the horizontal axis.
D) It would rotate outward along the vertical axis.
E) It would rotate inward along the vertical axis.
Correct Answer:
Verified
Correct Answer:
Verified
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