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Home Q & A Board Other Fields Homework Help Business Economics
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achalmers achalmers
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4 years ago
Suppose that Kelly has a monthly fixed income of $ 1000 and has $200 of her income allocated to buy cookies and movies. Suppose that there is an increase in the price for movies but not in the price for cookies, this will:

▸ shift the budget line parallel to the right.

▸ shift the budget line parallel to the left.

▸ change the slope of the budget line.

▸ not affect the budget line because income remains constant.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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Kutthroat K.Kutthroat K.
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4 years ago
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achalmers Author
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4 years ago
Thanks
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This helped my grade so much Perfect
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Just got PERFECT on my quiz
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