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1. If the price of Good A which is labelled on the x-axis increases from $1 to $5 and nothing else changes, what happens to
1. If the price of Good A which is labelled on the x-axis increases from $1 to $5 and nothing else changes, what happens to my budget constraint?
Group of answer choices
a. the entire budget constraint shifts to the left
B. the budget constraint will shift so it's closer to the y-axis
C. need more information to determine
D. the entire budget constraint will not change
2. If my income increases from $10 to $30 and nothing else changes, in which direction does my entire budget constraint shift to?
A doesn't shift
B left
C right
D upside down
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