Question

The slope of the budget constraint line will change whenever the :
(A) Budget of the consumer changes
(B) Price of one of the two goods changes
(C) Preferences of the consumer changes
(D) Slope of an indifference curve changes
as the​

Answer 1

Answer:

I think that the answer is a

Explanation:

Sorry I don't have any idea

Answer 2

The slope of the budget constraint line will change whenever the budget of the consumer changes.

• In order to be able to buy one more of the items on the x-axis, the slope of the expenditure limit reflects how many of the products on the y-axis the buyer must give up.
• A consumers can buy more of both items as there is a rise in sales, and this indicates an external change in the budget line , i.e. to the right.
• In the other hand, the probability of consumption by the user decreases when there is a reduction in revenue, and the expenditure line moves inwards.