Choose the correct answer from the options given below about Jane's budget line ____: It shifts outward if her budget increases while price remains same and slope does not change. It rotates inward if the price of both goods double and her budget does not change It shift inward when price of one good rises while budget and slope does not change It rotates outward if her budget increases and prices do not change.

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Chapter 13, Problem 2MCQ

To determine

Choose the correct answer from the options given below about Jane's budget line ____:

It shifts outward if her budget increases while price remains same and slope does not change.

It rotates inward if the price of both goods double and her budget does not change
It shift inward when price of one good rises while budget and slope does not change
It rotates outward if her budget increases and prices do not change.

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