If Bill's income increases from $30,000 per year to $41,000 per year.He consumes pickup trucks and lamb chops,so with his increase in budget Bill's budget line shifts outward.This increase in Bill's budget means he can consume more trucks and more lamb." Are these statements true or false? Briefly explain your answer.

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The Answer of If Bill's income increases from $30,000 per year to $41,000 per year.He consumes pickup trucks and lamb chops,so with his increase in budget Bill's budget line shifts outward.This increase in Bill's budget means he can consume more trucks and more lamb." Are these statements true or false? Briefly explain your answer.

If Bill's Income Increases from $30,000 Per Year to $41,000