If prices of x and y are doubled while the income remains, Ask an Expert

Economics

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

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91423852

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