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fluffycookie fluffycookie
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5 years ago
The quantity of good Y is measured along the vertical axis, and the quantity of good X is measured along the horizontal axis. If the prices of both good Y and good X rise, the budget line
A) shifts outward to the right and the vertical and horizontal intercepts will both rise.
B) shifts inward to the left and both intercepts will decline.
C) rotates, rising along the vertical axis but falling along the horizontal axis.
D) none of the above.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 27 times
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Stevea26Stevea26
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#1
5 years ago
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fluffycookie Author
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#2
5 years ago
Enough said, this helped my grade so much
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#3
5 years ago
Perfect
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