Solved

Alex's Wage Rate Falls

Question 241

Multiple Choice

Alex's wage rate falls. Holding everything else constant, Alex's new time allocation budget line will:


A) shift in toward the origin, parallel to the old one.
B) shift away from the origin, parallel to the old one.
C) rotate to the left on the x-axis.
D) rotate down on the y-axis.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions