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Author Question: Carlos can buy either sushi or eggrolls. If the prices of sushi and eggrolls triple and Carlos's ... (Read 5790 times)

roselinechinyere27m

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Question 1

Carlos can buy either sushi or eggrolls. If the prices of sushi and eggrolls triple and so does Carlos's money income, we can deduce that Carlos's budget constraint will


◦ shift in but remain parallel to the old one.
◦ shift out but remain parallel to the old one.
◦ swivel in so that the slope of the budget constraint is tripled.
◦ remain unchanged.

Question 2

Carlos can buy either sushi or eggrolls. If the prices of sushi and eggrolls triple and Carlos's money income doubles, we can deduce that Carlos's budget constraint will


◦ shift in but remain parallel to the old one.
◦ shift out but remain parallel to the old one.
◦ swivel in so that the slope of the budget constraint is doubled.
◦ remain unchanged.


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Marked as best answer by roselinechinyere27m on Apr 19, 2019

jlaineee

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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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