Assume Yazmin's budget constraint is represented by line C in the graph shown. Which of the following would cause Yazmin's budget constraint to shift to line B?
A)An increase in the price of milk
B)A decrease in the price of soda
C)An increase in the price of soda
D)None of these changes alone would cause a shift from line C to line B.

Question

Assume Yazmin's budget constraint is represented by line C in the graph shown. Which of the following would cause Yazmin's budget constraint to shift to line B?
A)An increase in the price of milk 
B)A decrease in the price of soda 
C)An increase in the price of soda 
D)None of these changes alone would cause a shift from line C to line B.

Quizplus · Accepted Answer

The Answer of  Assume Yazmin's budget constraint is represented by line C in the graph shown. Which of the following would cause Yazmin's budget constraint to shift to line B?
A)An increase in the price of milk 
B)A decrease in the price of soda 
C)An increase in the price of soda 
D)None of these changes alone would cause a shift from line C to line B.

Assume Yazmin's Budget Constraint Is Represented by Line C in the Graph