Multiple Choice
Figure: A Changing Budget Constraint for Strawberries and Shortcake (Figure: A Changing Budget Constraint for Strawberries and Shortcake) Look at the figure A Changing Budget Constraint for Strawberries and Shortcake.Seb's original budget line is given by BL1 and his original indifference curve is given by I1.Which of the following would have caused his
Budget line to move to BL2?
A) The price of strawberries increased.
B) The price of shortcake increased.
C) Seb's income decreased.
D) The price of strawberries decreased.
Correct Answer:

Verified
Correct Answer:
Verified
Q34: Suppose bad weather and pollution dramatically reduce
Q36: Figure: The Indifference Curve Map II<br>(Figure: The
Q37: John consumes only two goods, pizza and
Q38: Juan spends all of his income on
Q41: Two points on an indifference curve that
Q42: If Sun purchases a combination of textbooks
Q43: Tori devotes all of her income to
Q44: Figure: Indifference Curves and Consumption Bundles <img
Q60: At Frankie's Buy-the-Slice Pizza,Bill eats three slices
Q224: When total utility is at a maximum,