Question

Under what situations there will be parallel shift in budget line?

Answer 1

RAM RAM ☺☺❤❤

QUESTION ==

Under what situations there will be parallel shift in budget line?

ANSWER ==

Similarly, if a consumer´s income increases, the budget constraint will move upwards but will still remain parallel to the original budget line. The amount of money a consumer has available to spend shifts his budget line in a parallel direction but does not affect its slope.

HOPE IT'S HELPFUL

BRAINLY KING