(Figure: Budget Constraint) Refer to the figure. If the price ofsneakers rises, then the budget constraint in the figure will:
A)not change.
B)become steeper.
C)become flatter.
D)shift to the left.

Question

(Figure: Budget Constraint) Refer to the figure. If the price ofsneakers rises, then the budget constraint in the figure will:
A)not change. 
B)become steeper. 
C)become flatter. 
D)shift to the left.

Quizplus · Accepted Answer

The Answer of  (Figure: Budget Constraint) Refer to the figure. If the price ofsneakers rises, then the budget constraint in the figure will:
A)not change. 
B)become steeper. 
C)become flatter. 
D)shift to the left.

(Figure: Budget Constraint) Refer to the Figure