Assume Alan's budget constraint is represented by line A in the graph shown. Which of the following would cause Alan's budget constraint to move to line B?
A)Alan experiences a drop in income.
B)The price of books increases.
C)Alan decides he doesn't like going to the movies as much as he used to.
D)The price of movie tickets increases.

Question

Assume Alan's budget constraint is represented by line A in the graph shown. Which of the following would cause Alan's budget constraint to move to line B?
A)Alan experiences a drop in income. 
B)The price of books increases. 
C)Alan decides he doesn't like going to the movies as much as he used to. 
D)The price of movie tickets increases.

Quizplus · Accepted Answer

The Answer of  Assume Alan's budget constraint is represented by line A in the graph shown. Which of the following would cause Alan's budget constraint to move to line B?
A)Alan experiences a drop in income. 
B)The price of books increases. 
C)Alan decides he doesn't like going to the movies as much as he used to. 
D)The price of movie tickets increases.

Assume Alan's Budget Constraint Is Represented by Line a in the Graph