When the Price of One Good Changes, While the Prices

Multiple Choice

When the price of one good changes, while the prices of all other goods stay the same, the change in relative prices:

A) is reflected in a change in the slope of the budget constraint.
B) can be thought of as a change in the opportunity costs of each good.
C) is reflected in a change in the marginal utility per dollar spent on each good.
D) All of these statements are true.