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Author Question: Assume that there are two goods, x and y. The quantity of good x is measured on the x-axis and the ... (Read 19 times)

Themember4

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on: May 24, 2019
Assume that there are two goods, x and y. The quantity of good x is measured on the x-axis and the quantity of good y is measured on the y-axis. If the price of good y rises, then the
◦ y-axis intercept of the budget line increases.
◦ y-axis intercept of the budget line increases and the x-axis intercept of the budget line decreases.
◦ y-axis intercept of the budget line decreases and the x-axis intercept does not change.
◦ slope of the budget line changes.
◦ Both answers y-axis intercept of the budget line decreases and the x-axis intercept does not change and slope of the budget line changes are correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Themember4 on May 24, 2019

Pswine

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Themember4

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Reply #2 on: May 24, 2019
Thank you!


Pswine

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Reply #3 on: May 24, 2019
Always glad to help...


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