Doubled while the income remains the same-budget constraint

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Reference no: EM13854093

If prices of x and y are doubled while the income remains the same, the budget constraint:

A. Shifts outward in a parallel fashion

B. Shifts inward in a parallel fashion

C. Rotates outward about the x- intercept

D. Rotates outward about the y- intercept

Reference no: EM13854093

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Doubled while the income remains the same-budget constraint : If prices of x and y are doubled while the income remains the same, the budget constraint:

Doubled while the income remains same the budget constraint : If prices of x and y are doubled while the income remains the same, the budget constraint:

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