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Figure 6.7 -Refer to Figure 6.7.The Change in the Budget Constraint from Budget

Question 160

Multiple Choice

Figure 6.7 Figure 6.7   -Refer to Figure 6.7.The change in the budget constraint from BC<sub>1</sub> to BC<sub>2</sub> implies A) the prices of DVDs and CDs have increased. B) income and the prices of DVDs and CDs have increased. C) the price of DVDs has increased and the price of CDs has decreased. D) the price of DVDs has decreased and the price of CDs has increased.
-Refer to Figure 6.7.The change in the budget constraint from BC1 to BC2 implies


A) the prices of DVDs and CDs have increased.
B) income and the prices of DVDs and CDs have increased.
C) the price of DVDs has increased and the price of CDs has decreased.
D) the price of DVDs has decreased and the price of CDs has increased.

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