Assume Hannah's budget constraint is represented in the graph shown. If the price of movie theater tickets increases, the slope of Hannah's budget constraint will become _____, reflecting the fact that _____ are now relatively _____ expensive.
A)steeper; movie theater tickets; less
B)flatter; movie theater tickets; more
C)steeper; movie rentals; less
D)flatter; movie rentals; more

Question

Assume Hannah's budget constraint is represented in the graph shown. If the price of movie theater tickets increases, the slope of Hannah's budget constraint will become _____, reflecting the fact that _____ are now relatively _____ expensive.
A)steeper; movie theater tickets; less 
B)flatter; movie theater tickets; more 
C)steeper; movie rentals; less 
D)flatter; movie rentals; more

Quizplus · Accepted Answer

The Answer of  Assume Hannah's budget constraint is represented in the graph shown. If the price of movie theater tickets increases, the slope of Hannah's budget constraint will become _____, reflecting the fact that _____ are now relatively _____ expensive.
A)steeper; movie theater tickets; less 
B)flatter; movie theater tickets; more 
C)steeper; movie rentals; less 
D)flatter; movie rentals; more

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