Multiple Choice
Suppose the price of is $20 and the price of is $10 and that good is plotted on the horizontal axis. If the price of doubles and the price of triples, leaving the consumer's income unchanged, the budget line:
A) will become steeper.
B) will become flatter.
C) will shift in toward the origin.
D) will shift out from the origin.
Correct Answer:
Verified
Correct Answer:
Verified
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