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  3. Study Set
    Microeconomics Australia
  4. Exam
    Exam 12: Consumer Choice and Demand
  5. Question
    Which of the Following Describes What Happens to a Consumer's
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Which of the Following Describes What Happens to a Consumer's

Question 25

Question 25

Multiple Choice

Which of the following describes what happens to a consumer's budget line if that consumer's budget increases?


A) The budget line becomes more horizontal.
B) The budget line becomes steeper.
C) The budget line shifts further away from the origin of the graph.
D) The budget line shifts closer to the origin of the graph.
E) The budget line does not change.

Correct Answer:

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