A decrease in the price of either good purchased by a consumer will cause the consumer's budget constraint to ________.
A) pivot leftward
B) pivot rightward
C) shift leftward
D) shift rightward

Question

Quizplus · Accepted Answer

A decrease in the price of a good allows the consumer to purchase more of that good with the same budget, causing the budget constraint to pivot rightward, reflecting an increase in the affordable quantity of the good whose price has decreased.

A Decrease in the Price of Either Good Purchased by a Consumer