Refer to the information provided in Figure 6.7 below to answer the questions that follow.Units of YBUnits of XQUESTION #25: Refer to Figure 6.7. Along budget constraint AB, the price of good X is Php10 and theprice of goodY is Php12. If the price of X increases to Php15, the budget constraint willA) pivot in at Point B.B) pivot out at Point A.C) shift in parallel to AB.D) pivot in at Point A.QUESTION #26: Refer to Figure 6.7. Along budget constraint AB, the price of good X is Php12 and theprice of goodY is Php10. If the price of Y decreases to Php8, the budget constraint willA) pivot in at Point B.B) pivot out at Point A.C) shift in parallel to AB.D) pivot in at Point A.

The budget constraints show the different combination of two goods that can be purchased with…

Refer to the information provided in Figure 6.7 below to answer the questions that follow. Units of Y B Units of X QUESTION #25: Refer to Figure 6.7. Along budget constraint AB, the price of good X is Php10 and theprice of good Y is Php12. If the price of X increases to Php15, the budget constraint will A) pivot in at Point B. B) pivot out at Point A.