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Suppose a Consumer Purchases Two Goods, and ,And

Question 13

Multiple Choice

Suppose a consumer purchases two goods, Suppose a consumer purchases two goods, and ,and that the price of doubles,the consumer's income doubles,and the price of remains unchanged.If good is plotted on the horizontal axis,the budget line A) will remain unchanged. B) will become steeper. C) will become flatter. D) will shift out from the origin parallel to the original budget line. and Suppose a consumer purchases two goods, and ,and that the price of doubles,the consumer's income doubles,and the price of remains unchanged.If good is plotted on the horizontal axis,the budget line A) will remain unchanged. B) will become steeper. C) will become flatter. D) will shift out from the origin parallel to the original budget line. ,and that the price of Suppose a consumer purchases two goods, and ,and that the price of doubles,the consumer's income doubles,and the price of remains unchanged.If good is plotted on the horizontal axis,the budget line A) will remain unchanged. B) will become steeper. C) will become flatter. D) will shift out from the origin parallel to the original budget line. doubles,the consumer's income doubles,and the price of Suppose a consumer purchases two goods, and ,and that the price of doubles,the consumer's income doubles,and the price of remains unchanged.If good is plotted on the horizontal axis,the budget line A) will remain unchanged. B) will become steeper. C) will become flatter. D) will shift out from the origin parallel to the original budget line. remains unchanged.If good Suppose a consumer purchases two goods, and ,and that the price of doubles,the consumer's income doubles,and the price of remains unchanged.If good is plotted on the horizontal axis,the budget line A) will remain unchanged. B) will become steeper. C) will become flatter. D) will shift out from the origin parallel to the original budget line. is plotted on the horizontal axis,the budget line


A) will remain unchanged.
B) will become steeper.
C) will become flatter.
D) will shift out from the origin parallel to the original budget line.

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