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Ingy_ Ingy_
wrote...
Posts: 514
4 years ago
A change in the relative prices of two goods is represented graphically by:

▸ a change in the slope of the budget line.

▸ a change in the slope of an indifference curve.

▸ a leftward parallel shift of the budget line.

▸ a rightward parallel shift of the budget line.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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nick1116nick1116
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Posts: 413
4 years ago
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