Of the following choices, which could have shifted Kenji's budget constraint from BC₁ to BC₂? Check all that apply. The price of baseball tickets increased while his income and the price of symphony tickets stayed the same. His income increased while the prices of baseball and symphony tickets stayed the same. His income decreased while the prices of baseball and symphony tickets stayed the same. The prices of both baseball and symphony tickets increased while his income stayed the same. Based on Kenji's consumption of ballgames and symphonies after his budget constraint shifted, ballgames are goods. are goods and symphonies

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter2: Some Tools Of The Economist
Section: Chapter Questions
Problem 2CQ
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Question
BALLGAMES
10
8
6
3
0
0
X
Y
4 5
SYMPHONIES
BC
8
BC
10
Transcribed Image Text:BALLGAMES 10 8 6 3 0 0 X Y 4 5 SYMPHONIES BC 8 BC 10
Of the following choices, which could have shifted Kenji's budget constraint from BC₁ to BC2? Check all that apply.
The price of baseball tickets increased while his income and the price of symphony tickets stayed the same.
His income increased while the prices of baseball and symphony tickets stayed the same.
His income decreased while the prices baseball and symphony tickets stayed the same.
The prices of both baseball and symphony tickets increased while his income stayed the same.
Based on Kenji's consumption of ballgames and symphonies after his budget constraint shifted, ballgames are
goods.
are
goods and symphonies
Transcribed Image Text:Of the following choices, which could have shifted Kenji's budget constraint from BC₁ to BC2? Check all that apply. The price of baseball tickets increased while his income and the price of symphony tickets stayed the same. His income increased while the prices of baseball and symphony tickets stayed the same. His income decreased while the prices baseball and symphony tickets stayed the same. The prices of both baseball and symphony tickets increased while his income stayed the same. Based on Kenji's consumption of ballgames and symphonies after his budget constraint shifted, ballgames are goods. are goods and symphonies
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