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-The Figure Above Shows Sam's Budget Line

Question 145

Multiple Choice

-The figure above shows Sam's budget line. Which of the following would result in Sam's budget line rotating outward and not changing its horizontal intercept? A) a fall in the price of a pound of coffee B) a rise in the price of a pound of coffee C) a fall in the price of a gallon of gasoline D) a rise in the price of a gallon of gasoline
-The figure above shows Sam's budget line. Which of the following would result in Sam's budget line rotating outward and not changing its horizontal intercept?


A) a fall in the price of a pound of coffee
B) a rise in the price of a pound of coffee
C) a fall in the price of a gallon of gasoline
D) a rise in the price of a gallon of gasoline

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