You are looking at a graph of an indifference curve and a budget line, exactly as we've been looking at all through Chapter 4. Pizza is on the vertical axis, and Beer is on the horizontal axis. The price of Pizza is $5 and the price of Beer is $6. Now, something happens, and the price of Beer drops to $2. The price of Pizza does not change, and the consumer's budget does not change. Which of the following correctly describes how the graph will change? Multiple Choice The budget line will pivot, and the new budget line will be steeperIncorrect The budget line will pivot, and the new budget line will be flatterCorrect The budget line will shift outward in a parallel fashion, and its slope will not change. It's a trick question, nothing will happen on the graph