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lihui lihui
wrote...
Posts: 487
4 years ago
The budget line will shift parallel to the right if:

▸ income increases.

▸ the price of the good on the vertical axis increases.

▸ income decreases.

▸ the price of the good on the vertical axis decreases.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 120 times
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Answer verified by a subject expert
zachcarytcriszachcarytcris
wrote...
Posts: 364
4 years ago
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lihui Author
wrote...
4 years ago
Thanks
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