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    -In the Above Figure, If the Price of Milk Rises
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-In the Above Figure, If the Price of Milk Rises

Question 261

Question 261

Multiple Choice

  -In the above figure, if the price of milk rises, the budget line A)  rotates outward and the slope becomes steeper. B)  shifts inward and its slope does not change. C)  rotates inward and the slope becomes steeper. D)  rotates inward and the slope becomes more shallow.
-In the above figure, if the price of milk rises, the budget line


A) rotates outward and the slope becomes steeper.
B) shifts inward and its slope does not change.
C) rotates inward and the slope becomes steeper.
D) rotates inward and the slope becomes more shallow.

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