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Theodore's Budget Line Has Changed from a to B

Question 51

Multiple Choice

Theodore's budget line has changed from A to B.Which of the following explains the change in Theodore's budget line? Theodore's budget line has changed from A to B.Which of the following explains the change in Theodore's budget line? A) The price of food and the price of clothing increased. B) The price of food increased,and the price of clothing decreased. C) The price of food decreased,and the price of clothing increased. D) The price of food and the price of clothing decreased. E) none of the above


A) The price of food and the price of clothing increased.
B) The price of food increased,and the price of clothing decreased.
C) The price of food decreased,and the price of clothing increased.
D) The price of food and the price of clothing decreased.
E) none of the above

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