Nadir and Nina consume the same goods If Nadir has more income than Nina then

Nadir and nina consume the same goods if nadir has

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15)Nadir and Nina consume the same goods. If Nadir has more income than Nina, then Nina's budgetline will15) A)be steeper than Nadir's budget line.B)lie to the left of Nadir's budget line.C)be flatter than Nadir's budget line.D)lie to the right of Nadir's budget line.E)More information is needed to determine how Nina's and Nadir's budget lines compare.3
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16)The figure above shows Sarah's budget line. Sarah earns $500 per week selling baskets made out oftree vines. With this money she buys sushi and rose bushes. Each piece of sushi costs $1 and eachrose bush costs $10. Sarah will be at what point on her budget line if she spends $200 per week onsushi?16) 17)Which of the following describes what happens to a consumer's budget line if that consumer'sbudget increases? The budget line17) 18)When a consumer's budget increases, the budget line18) 19)The slope of the budget line can be interpreted as which of the following?19) A)the consumer's budget divided by the price of the good measured on the y-axisB)the budget necessary to buy the combinations of goods on the budget lineC)an opportunity costD)the number of units of the good measured on the y-axis plus the number of units of the goodmeasured on the x-axisE)the consumer's budget divided by the price of the good measured on the x- axis 4
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20)The slope of the budget line represents an opportunity cost because, moving along the line,20) 21)When the price of one good changes while another good's price does not change, then there hasbeen a change in the21) 22)A budget line22)
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