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
A) the horizontal intercept of the budget line decreases,while the vertical intercept remains unchanged.
B) the vertical intercept of the budget line decreases,while the horizontal intercept remains unchanged.
C) the budget line will shift inward.
D) the budget line will shift outward.
Correct Answer:

Verified
Correct Answer:
Verified
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