Assume That the Quantity of CDs Is Measured on the Horizontal

Multiple Choice

Assume that the quantity of CDs is measured on the horizontal axis, while the quantity of movie tickets is measured on the vertical axis. If available income decreases, then the new budget line:

A) will have a smaller horizontal intercept, while keeping the same vertical intercept.
B) will have a smaller vertical intercept, while keeping the same horizontal intercept.
C) will have a smaller vertical and horizontal intercept.
D) will have a bigger vertical and horizontal intercept.