Exhibit 6-30 -Consider Exhibit 6-30. Assume That You Initially Have $600 to Have

Multiple Choice

Exhibit 6-30
-Consider Exhibit 6-30. Assume that you initially have $600 to spend on books and compact disks. What happens if the amount you have to spend increases to $800?

A) The budget line shifts inward along the horizontal axis.
B) The budget line shifts inward along the vertical axis.
C) The budget line shifts outward along the horizontal axis and the vertical axis.
D) The budget line shifts outward along the vertical axis.
E) The budget line shifts outward along the horizontal axis.