Introduction to Economics 1 Deneme Sınavı Sorusu #1192724

Let I be the income of the consumer, X and Y be the only good in the economy with prices Px and Py. Additionally quantity of X is given on the horizontal axis of the budget constraint graph. What happens to the budget line if the price of good X changes as income level and Py remains constant?

Budget constraint tilts outward and gets flatter.

Budget constraint tilts inward and gets steeper.

Budget constraint does not change.

Budget constraint shifts outward parallel to the initial line.

Budget constraint becomes vertical.

Yanıt Açıklaması:

If the price of one good increases, the budget line shifts inward, pivoting from the other good’s intercept. If the price of one good decreases, the budget line shifts outward, pivoting from the other good’s intercept.

PAYLAŞ:

SORUNUN CEVABI: B

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Introduction to Economics 1 Deneme Sınavı Sorusu #1192724

Let I be the income of the consumer, X and Y be the only good in the economy with prices Px and Py. Additionally quantity of X is given on the horizontal axis of the budget constraint graph. What happens to the budget line if the price of good X changes as income level and Py remains constant?

SORUNUN CEVABI: B

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