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What Would Happen to the Budget Line If the Price

Question 13

Multiple Choice

What would happen to the budget line if the price of orange juice increased and orange juice is measured on the vertical axis?


A) It would shift to the right.
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.

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