Now suppose Henry has $900 to spend rather than $450. How will this change affect Henry's budget line? Group of answer choices A.It shifts outward in a parallel fashion. B.It pivots, moving leftward along the horizontal axis and outward along the vertical axis. C.It shifts inward in a parallel fashion D.It does not move.

Now suppose Henry has $900 to spend rather than $450. How will this change affect Henry's budget line? Group of answer choices A.It shifts outward in a parallel fashion. B.It pivots, moving leftward along the horizontal axis and outward along the vertical axis. C.It shifts inward in a parallel fashion D.It does not move.

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Consumer Choice Theory

Section: Chapter Questions

Problem 10SQ

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Similar questions

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