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Author Question: On a budget line, sub sandwiches are measured on the x-axis and sodas are measured on the y-axis. ... (Read 102 times)

stock

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on: May 24, 2019
On a budget line, sub sandwiches are measured on the x-axis and sodas are measured on the y-axis. The price of a sub is $5 and the price of a soda is $1. If the price of a sub decreases to $4, the relative price of
◦ sub sandwiches falls and the budget line becomes less steep.
◦ sub sandwiches rises and the budget line becomes flatter.
◦ sodas falls and the budget line becomes flatter.
◦ both sub sandwiches and soda falls and the budget line shifts outward.
◦ sodas does not change and neither does the budget line.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by stock on May 24, 2019

Edwyer

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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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stock

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

mjenn52

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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