An increase in the price of the good measured along the vertical axis will cause the budget line to
A) shift outward.
B) shift inward.
C) become steeper.
D) become flatter.

Question

Quizplus · Accepted Answer

The Answer of An increase in the price of the good measured along the vertical axis will cause the budget line to
A) shift outward.
B) shift inward.
C) become steeper.
D) become flatter.

An Increase in the Price of the Good Measured Along