Refer to the information provided in Figure 6.4 below to answer the question(s) that follow. Figure 6.4
-Refer to Figure 6.4. Bill's budget constraint is AC. If the black bean price decreases, Bill's budget constraint will
A) swivel toward AO.
B) swivel toward AB.
C) remain at AC.
D) swivel toward AD.

Question

Refer to the information provided in Figure 6.4 below to answer the question(s) that follow.  Figure 6.4
-Refer to Figure 6.4. Bill's budget constraint is AC. If the black bean price decreases, Bill's budget constraint will
A) swivel toward AO. 
B) swivel toward AB. 
C) remain at AC. 
D) swivel toward AD.

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Figure 6.4 below to answer the question(s) that follow.  Figure 6.4
-Refer to Figure 6.4. Bill's budget constraint is AC. If the black bean price decreases, Bill's budget constraint will
A) swivel toward AO. 
B) swivel toward AB. 
C) remain at AC. 
D) swivel toward AD.

Refer to the Information Provided in Figure 6