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-The Above Figure Gives Your Budget Line Between CDs and Magazines

Question 233

Multiple Choice

-The above figure gives your budget line between CDs and magazines. Which of the following changes would NOT allow you to buy more CDs? A) A decrease in the relative price of CDs. B) An increase in income. C) A decrease in the price of magazines with no change in the price of CDs. D) None of the above answers is correct because all of the above changes allow you to buy more CDs.
-The above figure gives your budget line between CDs and magazines. Which of the following changes would NOT allow you to buy more CDs?


A) A decrease in the relative price of CDs.
B) An increase in income.
C) A decrease in the price of magazines with no change in the price of CDs.
D) None of the above answers is correct because all of the above changes allow you to buy more CDs.

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