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The Quantities of Good M Are Plotted on the Vertical

Question 434

Multiple Choice

The quantities of Good M are plotted on the vertical axis while the quantities of Good N are plotted on the horizontal axis. The prices of both M and N fall. The intercepts of the budget line would


A) decline along both axes.
B) rise on the vertical axis and also rise on the horizontal axis.
C) rise on the horizontal axis but stay unchanged on the vertical axis.
D) rise on the vertical axis but stay unchanged along the horizontal axis.

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