Michael Can Buy Either Pizzas Or Submarine Sandwiches. If The Prices Of Pizzas And Submarine Sandwiches Double And Michael's Money Income Triples, We Can Conclude That Michael's Budget Constraint Will; A) Shift Out But Remain Parallel To The Old One. B) Shift In But Remain Parallel To The Old One. C) Swivel In So That The Slope Of The Budget Constraint Is Doubled. D) Remain Unchanged.

Michael can buy either pizzas or submarine sandwiches. If the prices of pizzas and submarine sandwiches double and Michael’s money income triples, we can conclude that Michael’s budget constraint will; A) shift out but remain parallel to the old one. B) shift in but remain parallel to the old one. C) swivel in so that the slope of the budget constraint is doubled. D) remain unchanged.

- September 4, 2022 - Edwin Tunner

Michael can buy either pizzas or submarine sandwiches. If the prices of pizzas and submarine sandwiches double and Michael’s money income triples, we can conclude that Michael’s budget constraint will;

A) shift out but remain parallel to the old one.
B) shift in but remain parallel to the old one.
C) swivel in so that the slope of the budget constraint is doubled.
D) remain unchanged.

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