(Figure: Quarts of Milk and Jars of Honey 2) If the price of milk rises, the budget line will
A) pivot from its intersection with the horizontal axis to have a flatter slope.
B) pivot from its intersection with the horizontal axis to have a steeper slope.
C) pivot from its intersection with the vertical axis to have a flatter slope.
D) shift outward in a parallel manner.
Correct Answer:
Verified
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