Multiple Choice
Suppose Alice spends her budget on books and downloaded movies.If her budget does not change,and the price of a book stays the same but the price of a downloaded movie falls,her budget line
A) shifts outward and its slope does not change.
B) shifts inward and its slope does not change.
C) rotates inward and its slope changes.
D) rotates outward and its slope changes.
E) does not change because her budget has not changed.
Correct Answer:
Verified
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