In the above figure, if the price of pizza falls, the budget line ...

[james]

In the above figure, if the price of pizza falls, the budget line
 
  A) rotates outward and becomes steeper.
  B) shifts leftward and its slope does not change.
  C) shifts rightward and its slope does not change.
  D) rotates inward and becomes flatter.

Question 2

The figure above shows the market for milk. The ________ price that producers must be offered to get them to produce 250 gallons of milk per day is ________.
 
  A) maximum; 3.25
  B) minimum; 3.25
  C) maximum; 2.50
  D) minimum; 2.50

[yuyiding]

Answer to Question 1

A

Answer to Question 2

B

[james]

TYSM

[duy1981999]

Excellent