Question 1
Refer to the information provided in Figure 6.5 below to answer the question(s) that follow.


Refer to Figure 6.5. Molly's budget constraint is
BD. If the price of CDs decreases, her new budget constraint becomes
◦
AD.
◦
AO.
◦
CD.
◦
EF.
Question 2
Refer to the information provided in Figure 6.5 below to answer the question(s) that follow.


Refer to Figure 6.5. Molly's budget constraint is
BD. If the price of CDs increases, her new budget constraint becomes
◦
AD.
◦
BD.
◦
CD.
◦
EF.