Essay
Figure: Budget Lines for Oranges and Apples
(Figure: Budget Lines for Oranges and Apples) Look at the figures Budget Lines for Oranges and Apples.For some time, Antonio has $5 per month to spend on oranges and apples.The price of an orange is $0.50 and the price of an apple is $0.25.Which of the charts shows what will happen to his budget line if the price of an apple rises to $0.50?
A.Chart A
B.Chart B
C.Chart C
D.Chart D
Correct Answer:
Verified
Correct Answer:
Verified
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