Refer to the information provided in Figure 6.5 below to answer the question(s) that follow. Figure 6.5
-Refer to Figure 6.5. Molly's budget constraint is EF. If her income decreases while the price of the goods are unchanged, her new budget constraint is
A) AD.
B) BD.
C) CD.
D) It is not shown on this graph.

Question

Refer to the information provided in Figure 6.5 below to answer the question(s) that follow.  Figure 6.5
-Refer to Figure 6.5. Molly's budget constraint is EF. If her income decreases while the price of the goods are unchanged, her new budget constraint is
A) AD. 
B) BD. 
C) CD. 
D) It is not shown on this graph.

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Figure 6.5 below to answer the question(s) that follow.  Figure 6.5
-Refer to Figure 6.5. Molly's budget constraint is EF. If her income decreases while the price of the goods are unchanged, her new budget constraint is
A) AD. 
B) BD. 
C) CD. 
D) It is not shown on this graph.

Refer to the Information Provided in Figure 6