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nakungth nakungth
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6 years ago
Assume that food is measured on the horizontal axis and clothing on the vertical axis.  If the price of food falls relative to that of clothing, the budget line will:
A) become flatter.
B) become steeper.
C) shift outward.
D) become steeper or flatter depending on the relationship between prices and income.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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boransalboransal
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6 years ago
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nakungth Author
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#2
5 years ago
Thanks, very pleased with your answer
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