For a rational consumer who has to choose between two g - Practice (English) | ObjectiveMcq

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For a rational consumer who has to choose between two g - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementMicroeconomicsFor a rational consumer who has to ...

Microeconomics Business ManagementEasy

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For a rational consumer who has to choose between two goods in the context of budget constraints, the price change of one of the goods, caeteris paribus, will determine:

Correct Answer:

(B) a change in the slope of the budget line

Explanation:

a change in the slope of the budget line

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