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The Figure Above Shows Two Budget Lines

Question 170

Multiple Choice

The figure above shows two budget lines. -Based on the figure above,which of the following would lead the budget line to change from BL? to BL?? A) a rise in the price of water B) a fall in the price of water C) a rise in the price of water and the price of gum D) a decrease in the consumer's budget E) an increase in the consumer's budget
The figure above shows two budget lines.
-Based on the figure above,which of the following would lead the budget line to change from BL? to BL??


A) a rise in the price of water
B) a fall in the price of water
C) a rise in the price of water and the price of gum
D) a decrease in the consumer's budget
E) an increase in the consumer's budget

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