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The Following Diagram Shows Two Budget Lines: a and B

Question 143

Multiple Choice

The following diagram shows two budget lines: A and B. The following diagram shows two budget lines: A and B.   Which of the following could explain the change in the budget line from A to B? A) A decrease in the price of x. B) An increase in the price of y. C) A decrease in the price of y. D) More than one of the above could explain this change.
Which of the following could explain the change in the budget line from A to B?


A) A decrease in the price of x.
B) An increase in the price of y.
C) A decrease in the price of y.
D) More than one of the above could explain this change.

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