Multiple Choice
Figure 10-6
-Refer to Figure 10-6.Suppose the price of pizza increases while the price of hamburger remains constant.Then, the consumer's
A) indifference curve becomes more concave away from the origin.
B) indifference curve becomes straighter.
C) budget constraint moves inward toward the origin on the pizza axis while the hamburger intercept remains the same.
D) budget constraint moves outward away from the origin on the pizza axis while the hamburger intercept remains the same.
Correct Answer:
Verified
Correct Answer:
Verified
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