Solved

-The Figure Above Shows Ilene's Budget Line

Question 127

Multiple Choice

  -The figure above shows Ilene's budget line. The price of a can of cat food is $2. If the price of a can of cat food rises, her budget line will A)  rotate inward toward the origin. B)  rotate outward away from the origin. C)  shift leftward in a parallel manner. D)  shift rightward in a parallel manner.
-The figure above shows Ilene's budget line. The price of a can of cat food is $2. If the price of a can of cat food rises, her budget line will


A) rotate inward toward the origin.
B) rotate outward away from the origin.
C) shift leftward in a parallel manner.
D) shift rightward in a parallel manner.

Correct Answer:

verifed

Verified

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

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents