It is possible that as a result of the budget line shifting outward, the consumer will buy less of a product.

Question

Quizplus · Accepted Answer

When the budget line shifts outward, it indicates that the consumer's purchasing power has increased. While this generally allows for the purchase of more goods, the consumer may choose to buy less of a product if they decide to allocate more of their increased budget towards other goods that they prefer more, reflecting a change in their consumption bundle based on their preferences and the relative prices of goods.

It Is Possible That as a Result of the Budget