The number of pizza slices is plotted on the horizontal axis and number of hot dogs is plotted on the vertical axis, how does a consumer's budget line change when the price of a hot dog rises?

Question

Accepted Answer

The  y -intercept decreases and the budget line becomes flatter.

Answer

The  x -intercept increases and the budget line becomes steeper.

Answer

The  y -intercept increases and the budget line becomes flatter.

Answer

The  x -intercept decreases and the budget line becomes steeper.

Answer

The  y -intercept decreases and the slope of the budget line does not change.

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The number of pizza slices is plotted on the horizontal axis and number of hot d...

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