(Figure and Table: The Budget Line) Use Figure and Table: The Budget Line. A(n) _____ in the price of potatoes would rotate the budget line, changing the intercept on the _____ axis and moving it _____ the origin. Select one: a. decrease; vertical; away from b. increase; horizontal; away from c. increase; vertical; away from d. decrease; horizontal; toward
(Figure and Table: The Budget Line) Use Figure and Table: The Budget Line. A(n) _____ in the price of potatoes would rotate the budget line, changing the intercept on the _____ axis and moving it _____ the origin. Select one: a. decrease; vertical; away from b. increase; horizontal; away from c. increase; vertical; away from d. decrease; horizontal; toward
ChapterA: Working With Diagrams
Section: Chapter Questions
Problem 1QP
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(Figure and Table: The Budget Line) Use Figure and Table: The Budget Line. A(n) _____ in the price of potatoes would rotate the budget line, changing the intercept on the _____ axis and moving it _____ the origin.
Select one:
a. decrease; vertical; away from
b. increase; horizontal; away from
c. increase; vertical; away from
d. decrease; horizontal; toward
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