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-In the Figure Above, Suppose the Original Budget Line Is

Question 121

Multiple Choice

  -In the figure above, suppose the original budget line is BD. A fall in the price of a compact disc will A)  rotate the budget line to AD. B)  rotate the budget line to CD. C)  not move the budget line. D)  result in a parallel leftward shift of the budget line.
-In the figure above, suppose the original budget line is BD. A fall in the price of a compact disc will


A) rotate the budget line to AD.
B) rotate the budget line to CD.
C) not move the budget line.
D) result in a parallel leftward shift of the budget line.

Correct Answer:

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