Suppose the
price of pizza is
2, and the consumer’s
income is
32, then
the budget line for pizza and cola would ( )
A.now intersect the horizontal axis at 4 pizzas and the vertical axis
at 16 colas.
B.not change.
C.now intersect the horizontal axis at ¼ pizza and the vertical
axis at 1/16 cola.
D.rotate outward with an increased quantity of cola consumed.