Multiple Choice
The following figure shows the budget constraint of Lesley when she is faced with two goods: burgers and icecream.
-Refer to the figure above.If Lesley's budget for burgers and ice creams is cut by half,Lesley's new budget constraint ________.
A) will cross the vertical axis at 5, and will cross the horizontal axis at 3
B) will start from the same point on the vertical axis, but will cross the horizontal axis at 3
C) will start from the same point on the horizontal axis, but will cross the vertical axis at 5
D) will cross the vertical axis at 20, and will cross the horizontal axis at 12
Correct Answer:

Verified
Correct Answer:
Verified
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