Multiple Choice
Consider a consumer who only eats brand A cereal. If there is an increase in the consumer's budget, all of which is spent on extra brand A cereal and prices do not change, which of the following will be true?
A) The ray for cereal brand A will pivot towards the vertical axis.
B) There will be a movement up along the ray of cereal brand A.
C) The ray for cereal brand A will pivot towards the horizontal axis.
D) There will be a movement down along the ray of cereal brand A.
Correct Answer:

Verified
Correct Answer:
Verified
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