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msouthern msouthern
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5 years ago Edited: 5 years ago, bio_man
Figure 10-6




Refer to Figure 10-6. Suppose the price of pizza increases while the price of hamburger remains constant. Then, the consumer's

• indifference curve becomes more concave away from the origin.

• indifference curve becomes straighter.

• budget constraint moves inward toward the origin on the pizza axis while the hamburger intercept remains the same.

• budget constraint moves outward away from the origin on the pizza axis while the hamburger intercept remains the same.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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jaded 7.jaded 7.
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5 years ago
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msouthern Author
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5 years ago
Smart ... Thanks!
sadiewolf
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Yesterday
You make an excellent tutor!
Tim0301
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2 hours ago
Correct Slight Smile TY
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