A change in price results in a(n)________ of the budget constraint line.
A) rotation
B) shift
C) stretch
D) narrowing
E) widening

Name: A change in price results in a(n)________ of the budget constraint line. A) rotation B) shift C) stretch D) narrowing E) widening
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Question

Quizplus · Accepted Answer

A change in price results in a rotation of the budget constraint line, as it changes the slope of the line without altering the consumer's income.

A Change in Price Results in A(n)________ of the Budget