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Figure 21-2 in Each Case, the Budget Constraint Moves from BC1 to BC1

Question 80

Multiple Choice

Figure 21-2
In each case, the budget constraint moves from BC1 to BC2.
Graph (a)
Graph (b)
Graph (c)
Graph (d) Figure 21-2 In each case, the budget constraint moves from BC<sub>1</sub> to BC<sub>2</sub>. Graph (a) Graph (b) Graph (c) Graph (d) -Refer to Figure 21-2. Which of the graphs in the figure could reflect a simultaneous decrease in the prices of both goods? A) Only graph (a) B) Only graph (d) C) Graph (b) or graph (c) D) None of the graphs in the figure can reflect this. Figure 21-2 In each case, the budget constraint moves from BC<sub>1</sub> to BC<sub>2</sub>. Graph (a) Graph (b) Graph (c) Graph (d) -Refer to Figure 21-2. Which of the graphs in the figure could reflect a simultaneous decrease in the prices of both goods? A) Only graph (a) B) Only graph (d) C) Graph (b) or graph (c) D) None of the graphs in the figure can reflect this. Figure 21-2 In each case, the budget constraint moves from BC<sub>1</sub> to BC<sub>2</sub>. Graph (a) Graph (b) Graph (c) Graph (d) -Refer to Figure 21-2. Which of the graphs in the figure could reflect a simultaneous decrease in the prices of both goods? A) Only graph (a) B) Only graph (d) C) Graph (b) or graph (c) D) None of the graphs in the figure can reflect this. Figure 21-2 In each case, the budget constraint moves from BC<sub>1</sub> to BC<sub>2</sub>. Graph (a) Graph (b) Graph (c) Graph (d) -Refer to Figure 21-2. Which of the graphs in the figure could reflect a simultaneous decrease in the prices of both goods? A) Only graph (a) B) Only graph (d) C) Graph (b) or graph (c) D) None of the graphs in the figure can reflect this.
-Refer to Figure 21-2. Which of the graphs in the figure could reflect a simultaneous decrease in the prices of both goods?


A) Only graph (a)
B) Only graph (d)
C) Graph (b) or graph (c)
D) None of the graphs in the figure can reflect this.

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