Ersen likes to consume apples and bananas. Suppose Ersen's income doubles and the prices of apples and bananas also double. Ersen's budget line will Select one: a. shift inward but not change slope....


Ersen likes to consume apples and bananas. Suppose Ersen's income doubles and the prices of apples and bananas also double. Ersen's budget line will<br>Select one:<br>a. shift inward but not change slope.<br>b.shift outward and become steeper.<br>c.shift outward but not change slope.<br>d.remain unchanged.<br>

Extracted text: Ersen likes to consume apples and bananas. Suppose Ersen's income doubles and the prices of apples and bananas also double. Ersen's budget line will Select one: a. shift inward but not change slope. b.shift outward and become steeper. c.shift outward but not change slope. d.remain unchanged.

Jun 09, 2022
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