Assume the price of product Y (the quantity of which is plotted on the vertical axis)is initially $15 and the price of X (the quantity of which is plotted on the horizontal axis)is initially $3. Assume money income is initially $60. If the prices of Y and X now increase to $30 and $6, respectively, and money income increases to $120, then the budget line will
A)shift rightward and become steeper.
B)shift rightward and become flatter.
C)shift rightward, but its slope will not change.
D)be unchanged.

Question

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The Answer of Assume the price of product Y (the quantity of which is plotted on the vertical axis)is initially $15 and the price of X (the quantity of which is plotted on the horizontal axis)is initially $3. Assume money income is initially $60. If the prices of Y and X now increase to $30 and $6, respectively, and money income increases to $120, then the budget line will
A)shift rightward and become steeper.
B)shift rightward and become flatter.
C)shift rightward, but its slope will not change.
D)be unchanged.

Assume the Price of Product Y (The Quantity of Which