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The Following Diagram Shows Two Budget Lines: a and B

Question 43

Multiple Choice

The following diagram shows two budget lines: A and B. The following diagram shows two budget lines: A and B. Which of the following could explain the change in the budget line from A to B? A) a decrease in income and a decrease in the price of X B) a decrease in income and an increase in the price of X C) an increase in income and a decrease in the price of X D) an increase in income and an increase in the price of X Which of the following could explain the change in the budget line from A to B?


A) a decrease in income and a decrease in the price of X
B) a decrease in income and an increase in the price of X
C) an increase in income and a decrease in the price of X
D) an increase in income and an increase in the price of X

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