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Assume Alan's Budget Constraint Is Demonstrated by Line a in the Graph

Question 104

Multiple Choice

Assume Alan's budget constraint is demonstrated by line A in the graph shown.Which of the following could cause Alan's budget constraint to change to line B? A) Alan could have experienced a drop in income. B) The price of books could have increased. C) Alan could have decided he doesn't like going to the movies as much as he used to. D) The price of movie tickets could have increased. Assume Alan's budget constraint is demonstrated by line A in the graph shown.Which of the following could cause Alan's budget constraint to change to line B?


A) Alan could have experienced a drop in income.
B) The price of books could have increased.
C) Alan could have decided he doesn't like going to the movies as much as he used to.
D) The price of movie tickets could have increased.

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