When an individual's income increases, the budget constraint: Multiple Chotce rotates in and
becomes steeper. shifts straight in, maintaining the sarne slope. rotetes out and becomes fatter
shifts straght out, maintaning the same slope.
When an individuals income increases, the budget c.pdf
1. When an individual's income increases, the budget constraint: Multiple Chotce rotates in and
becomes steeper. shifts straight in, maintaining the sarne slope. rotetes out and becomes fatter
shifts straght out, maintaning the same slope