This graph shows three different budget constraints: A,B,and C.
If Doug is on budget constraint C in the graph shown,what would cause it to shift to budget constraint B?
A)Doug loses his job.
B)Doug finds soda at a warehouse outlet for a lower price.
C)Doug's grocery store raises the price of milk by 10 percent.
D)Doug's grocery store has lowered all prices by 33 percent.

Question

This graph shows three different budget constraints: A,B,and C. 
If Doug is on budget constraint C in the graph shown,what would cause it to shift to budget constraint B?
A)Doug loses his job. 
B)Doug finds soda at a warehouse outlet for a lower price. 
C)Doug's grocery store raises the price of milk by 10 percent. 
D)Doug's grocery store has lowered all prices by 33 percent.

Quizplus · Accepted Answer

The Answer of This graph shows three different budget constraints: A,B,and C. 
If Doug is on budget constraint C in the graph shown,what would cause it to shift to budget constraint B?
A)Doug loses his job. 
B)Doug finds soda at a warehouse outlet for a lower price. 
C)Doug's grocery store raises the price of milk by 10 percent. 
D)Doug's grocery store has lowered all prices by 33 percent.

This Graph Shows Three Different Budget Constraints: A,B,and C