ExamPlay Light Logo
Anmelden

JAMB - Economics (2014 - No. 6)

A rightward shift of the budget line is caused by a
fall in consumer income
change in consumer taste
fall in the commodity relative price
rise in the consumer income

Erläuterung

When there is an increase in income, a consumer can buy more of both goods and this shows an outward i.e. rightward shift in the budget line.

Kommentare (0)

Zum Kommentieren anmelden
Werbung
BrainBehindX Inc Logo
©2026; Angetrieben von BrainBehindX Inc