While a decrease in price of pizzas rotates it rightward., Ask an Expert

Economics

Q. Number of Movies per Month 20 1. An increasing income shifts budget line rightward, with no change in slope (-PX/PY). Number of Movies per Month 20 2. A decrease in price of movies rotates budget line upward. Number of Movies per Month 20 3. while a decrease in price of pizzas rotates it rightward. How can we possibly speak systematically about people's preferences?

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Business Economics, Economics

Category:- Business Economics
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