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The blue budget line is for an iThe relative price of Good A on the red budget line is: Budget Line 3.pngncome of $1000, PX=$5
The blue budget line is for an iThe relative price of Good A on the red budget line is: Budget Line 3.pngncome of $1000, PX=$5 and PY=$10. At point A, the person is evenly dividing his income between purchases of good X and Y. At point B, the person is buying 20 units of Good X. Budget Line 6.png Group of answer choices If the person moves from Bundle B to Bundle H, the person is shifting income from purchasing Good X to Good Y while keeping total expenditures constant If the person moves from Bundle B to Bundle H, the person is shifting income from purchasing Good Y to Good X while keeping total expenditures constant At Bundle H, the person is buying less than 20 units of Good X. At Bundle H, the person is buying less than 20 units of Good Y
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