Suppose Initially That the Price of X Is $5,the Price

Multiple Choice

Suppose initially that the price of X is $5,the price of Y is $10,and the consumer's income is $100.If Y is measured on the vertical axis,X is measured on the horizontal axis,and the price of Y increases to $20:

A) the entire budget line will shift inward toward the origin,with its slope changing from -1/2 to -1/4.
B) the budget line will pivot inward toward the origin along the X axis,with its slope changing from -1/2 to -1/4.
C) the budget line will pivot inward toward the origin along the Y axis,with the slope changing from -1/2 to -1/4.
D) the budget line will pivot inward toward the origin along the Y axis,with the slope changing from -1/4 to -1/2.