Solved

A Consumer's Budget Line Will Rotate Outward Along the Horizontal

Question 129

Multiple Choice

A consumer's budget line will rotate outward along the horizontal axis if:


A) the price of the good on the horizontal axis decreases.
B) the price of the good on the vertical axis increases.
C) the price of the good on the horizontal axis increases.
D) the consumer's income decreases.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents