Figure: Budget Lines for Oranges and Apples
(Figure: Budget Lines for Oranges and Apples) Look at the figures Budget Lines for Oranges and Apples.For some time, Antonio has had $5 per month to spend on oranges and apples.The price of an orange is $0.50 and the price of an apple is $0.25.Which of the charts shows what will happen to his budget line if the price of an orange rises to $1.00 and the price of an apple rises to $0.50?
A.Chart
B.A Chart
C.B Chart C
D.Chart D
Correct Answer:
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(Figure:
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