number 77 and 78 please 77. (Figure and Table: The Budget Line) Look at the figu

Question

number 77 and 78 please

77. (Figure and Table: The Budget Line) Look at the figure and table The Budget Line price of clams would rotate the budget line along theaxisthe origin. A) An increase; horizontal; toward B) A decrease; horizontal; toward C) An increase; vertical; toward D) A decrease; vertical; away from 78. (Figure and Table: The Budget Line) Look at the figure and table The Budget Line. price of potatoes would rotate the budget line along theaxisthe origin. the origin. A) An increase; horizontal; away from B) A decrease; horizontal; toward C) An increase; vertical; toward D) A decrease; vertical; toward

Explanation / Answer

We know that the budget line means that the limitation of their maximising behaviour. Here we can set the combination of two products that a consumer can afford at specified prices and their particular level of income.

77. Answer- A- An increase Horizontal and toward

78. Answer- D- A decrease; Vertical ;Toward

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