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2. Chose one of the option from AG in the second column to represent the effect on the budget line for each scenario in the
2. Chose one of the option from AG in the second column to represent the effect on the budget line for each scenario in the first column Scenario 3. If the price of goodX increases C) pivot in at the Y-intercept. 4. If the price of goodX decreases D) pivot in at the X-intercept. 5. If the price of good Y increases F) pivot out at the X-intercept 6. If the price of good Y decreases 7. Income remain constant and both prices double G) be unaffected. The price of good X and income is cut in half 8. The price of good Y and income double 9. The prices of both goods double and income decreased by 50%
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