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Assume Hannah's Budget Constraint Is Represented in the Graph Shown

Question 125

Multiple Choice

  Assume Hannah's budget constraint is represented in the graph shown. If the price of movie theater tickets decreases, the slope of Hannah's budget constraint would become _____, reflecting the fact that _____ are now relatively _____ expensive. A) steeper; movie theater tickets; less B) flatter; movie theater tickets; more C) steeper; movie rentals; less D) flatter; movie rentals; more Assume Hannah's budget constraint is represented in the graph shown. If the price of movie theater tickets decreases, the slope of Hannah's budget constraint would become _____, reflecting the fact that _____ are now relatively _____ expensive.


A) steeper; movie theater tickets; less
B) flatter; movie theater tickets; more
C) steeper; movie rentals; less
D) flatter; movie rentals; more

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