Question:
In this diagram, budget line goes flatter from P1 P2 to P2 P1. The reason for budget line being flatter is:
In this diagram, budget line goes flatter from P1 P2 to P2 P1. The reason for budget line being flatter is:
Updated On: Sep 12, 2024
- No change Goods-B price
- Goods-B price increases
- Goods-B price decreases
- Goods-A price decreases
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The Correct Option is C
Solution and Explanation
The correct option is (C): Goods-B price decreases
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