Increases in the price of the good measured on the vertical axis will make the vertical intercept ________ and make the budget line _.
A)larger in value; steeper
B)larger in value; flatter
C)smaller in value; steeper
D)smaller in value; flatter

Question

Quizplus · Accepted Answer

The Answer of Increases in the price of the good measured on the vertical axis will make the vertical intercept ________ and make the budget line _.
A)larger in value; steeper
B)larger in value; flatter
C)smaller in value; steeper
D)smaller in value; flatter

Increases in the Price of the Good Measured on the Vertical