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-Consider the Budget Line Labeled RT in the Above Figure

Question 325

Multiple Choice

-Consider the budget line labeled RT in the above figure. What would shift the budget line to RS? A) a rise in the price of good X B) a fall in the price of good X C) a rise in the price of good Y D) a fall in the price of good Y
-Consider the budget line labeled RT in the above figure. What would shift the budget line to RS?


A) a rise in the price of good X
B) a fall in the price of good X
C) a rise in the price of good Y
D) a fall in the price of good Y

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