Figure 21-3
In each case, the budget constraint moves from BC 1 to BC 2 .

Graph (a)
Graph (b)
Graph (c)
Graph (d)
-Refer to Figure 21-3. Which of the graphs in the figure could reflect an increase in income?
A)Graph (a)
B)Graph (b)
C)Graph (d)
D)None of the graphs reflects an increase income.

Question

Figure 21-3
In each case, the budget constraint moves from BC 1 to BC 2 .
​
Graph (a)
Graph (b)
Graph (c)
Graph (d)    
-Refer to Figure 21-3. Which of the graphs in the figure could reflect an increase in income?
A)Graph (a) 
B)Graph (b) 
C)Graph (d) 
D)None of the graphs reflects an increase income.

Quizplus · Accepted Answer

The Answer of Figure 21-3
In each case, the budget constraint moves from BC 1 to BC 2 .
​
Graph (a)
Graph (b)
Graph (c)
Graph (d)    
-Refer to Figure 21-3. Which of the graphs in the figure could reflect an increase in income?
A)Graph (a) 
B)Graph (b) 
C)Graph (d) 
D)None of the graphs reflects an increase income.

Figure 21-3 in Each Case, the Budget Constraint Moves from BC1 to BC1

Figure 21-3 in Each Case, the Budget Constraint Moves from BC₁ to BC₁