Originally price of good X is $150/unit and price of good Y is $80 /unit. If price of X Increases by $18/unit and price of
Originally price of good X is $150/unit and price of good Y is $80 /unit. If price of X Increases by $18/unit and price of Y increases by $12/unit with money income unchanged, O Onginally price of good X is $150/unit and price of good Y is $80 /unit. if price of X increases by $18/unit and price of Y increases by $12/unit with money income unchanged, O the new budget line will be shifted outward and parallel to the old budget line O the new budget line will be shifted inward but not parallel to the old budget line the new budget line will be shifted outward but not parallel to the old budget line O the new budget line will remain at the same position as the old budget line
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