Assume Kerri's budget constraint is represented in the graph shown. If Kerri's income to spend on these two items increases, her budget constraint will:
A)shift out, maintaining the same slope.
B)shift out and become steeper.
C)shift in, maintaining the same slope.
D)shift out and become flatter.

Question

Assume Kerri's budget constraint is represented in the graph shown. If Kerri's income to spend on these two items increases, her budget constraint will:
A)shift out, maintaining the same slope. 
B)shift out and become steeper. 
C)shift in, maintaining the same slope. 
D)shift out and become flatter.

Quizplus · Accepted Answer

The Answer of  Assume Kerri's budget constraint is represented in the graph shown. If Kerri's income to spend on these two items increases, her budget constraint will:
A)shift out, maintaining the same slope. 
B)shift out and become steeper. 
C)shift in, maintaining the same slope. 
D)shift out and become flatter.

Assume Kerri's Budget Constraint Is Represented in the Graph Shown