Question

How does the budget line on the indifference map moves, if the consumer's incomes
increase?
a) A parallel position to the origin
b) A parallel position to the right
c) A parallel position to the left
d) None of the above​

Answer 1

❣️$\huge \pink {A} \red {n} \green {s} \blue {w} \orange {e} \pink {r}$ ❣️

3.12, when a consumer's income increases, his budget line shifts parallel and upward and when his income decreases the budget line shifts downward.

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