Chapter 22 Homework Poornima likes going to the ballpark to watch baseball, and she also is fond of going to the theater to listen to the symphony orchestra. The following diagram shows two of Poornima's indifference curves for going to ballgames and symphonies. With Poornima's initial budget constraint (BC1), she chose to go to two symphonies and six baseball games per month (point X). Then her budget constraint shifted to BC, and she chose to go to five symphonies and five ballgames per month (point Y). BALLGAMES SYMPHONIES BC, BC 10 of the following choices, which could have shifted Poornima's budget constraint from BC₁ to BC₂? Check all that apply. The prices of both baseball and symphony tickets decreased while her income stayed the same. O Her income decreased while the prices of baseball and symphony tickets stayed the same. The price of symphony tickets increased while her income and the price of baseball tickets stayed the same. Her income increased while the prices of baseball and symphony tickets stayed the same. Based on Poornima's consumption of ballgames and symphonies after her budget constraint shifted, ballgames are symphonies are ▼ goods. goods and Chapter 22 Homework Poornima likes going to the ballpark to watch baseball, and she also is fond of going to the theater to listen to the symphony orchestra. The following diagram shows two of Poornima's indifference curves for going to ballgames and symphonies. With Poornima's initial budget constraint (BC B₁), she chose to go to two symphonies and six baseball games per month (point x). Then her budget constraint shifted to BC, and she chose to go to five symphonies and five ballgames per month (point Y). SYMPHONIES Of the following choices, which could have shifted to Poornima's budget constraint from BC₁ BC₂ ? Check all that apply. The prices 2 both baseball and symphony tickets decreased while her income stayed the same. Her income decreased while the prices of baseball and symphony tickets stayed the same. The price of symphony tickets increased while her income and the price of baseball tickets stayed the same. Her income increased while the prices of baseball and symphony tickets stayed the same. Based on Poornima's consumption of ballgames and symphonies after her budget constraint shifted, ballgames are goods and symphonies are goods.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
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Chapter10: Consumer Choice Theory
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Chapter 22 Homework
Poornima likes going to the ballpark to watch baseball, and she also is fond of going to the theater to listen to the symphony orchestra. The following
diagram shows two of Poornima's indifference curves for going to ballgames and symphonies. With Poornima's initial budget constraint (BC1), she
chose to go to two symphonies and six baseball games per month (point X). Then her budget constraint shifted to BC, and she chose to go to five
symphonies and five ballgames per month (point Y).
BALLGAMES
SYMPHONIES
BC,
BC
10
of the following choices, which could have shifted Poornima's budget constraint from BC₁ to BC₂? Check all that apply.
The prices of both baseball and symphony tickets decreased while her income stayed the same.
O Her income decreased while the prices of baseball and symphony tickets stayed the same.
The price of symphony tickets increased while her income and the price of baseball tickets stayed the same.
Her income increased while the prices of baseball and symphony tickets stayed the same.
Based on Poornima's consumption of ballgames and symphonies after her budget constraint shifted, ballgames are
symphonies are
▼ goods.
goods and
Transcribed Image Text:Chapter 22 Homework Poornima likes going to the ballpark to watch baseball, and she also is fond of going to the theater to listen to the symphony orchestra. The following diagram shows two of Poornima's indifference curves for going to ballgames and symphonies. With Poornima's initial budget constraint (BC1), she chose to go to two symphonies and six baseball games per month (point X). Then her budget constraint shifted to BC, and she chose to go to five symphonies and five ballgames per month (point Y). BALLGAMES SYMPHONIES BC, BC 10 of the following choices, which could have shifted Poornima's budget constraint from BC₁ to BC₂? Check all that apply. The prices of both baseball and symphony tickets decreased while her income stayed the same. O Her income decreased while the prices of baseball and symphony tickets stayed the same. The price of symphony tickets increased while her income and the price of baseball tickets stayed the same. Her income increased while the prices of baseball and symphony tickets stayed the same. Based on Poornima's consumption of ballgames and symphonies after her budget constraint shifted, ballgames are symphonies are ▼ goods. goods and
Chapter 22 Homework Poornima likes
going to the ballpark to watch baseball,
and she also is fond of going to the theater
to listen to the symphony orchestra. The
following diagram shows two of
Poornima's indifference curves for going to
ballgames and symphonies. With
Poornima's initial budget constraint (BC
B₁), she chose to go to two symphonies
and six baseball games per month (point
x). Then her budget constraint shifted to
BC, and she chose to go to five
symphonies and five ballgames per month
(point Y). SYMPHONIES Of the following
choices, which could have shifted
to
Poornima's budget constraint from BC₁
BC₂ ? Check all that apply. The prices
2
both baseball and symphony tickets
decreased while her income stayed the
same. Her income decreased while the
prices of baseball and symphony tickets
stayed the same. The price of symphony
tickets increased while her income and the
price of baseball tickets stayed the same.
Her income increased while the prices of
baseball and symphony tickets stayed the
same. Based on Poornima's consumption
of ballgames and symphonies after her
budget constraint shifted, ballgames are
goods and symphonies are goods.
Transcribed Image Text:Chapter 22 Homework Poornima likes going to the ballpark to watch baseball, and she also is fond of going to the theater to listen to the symphony orchestra. The following diagram shows two of Poornima's indifference curves for going to ballgames and symphonies. With Poornima's initial budget constraint (BC B₁), she chose to go to two symphonies and six baseball games per month (point x). Then her budget constraint shifted to BC, and she chose to go to five symphonies and five ballgames per month (point Y). SYMPHONIES Of the following choices, which could have shifted to Poornima's budget constraint from BC₁ BC₂ ? Check all that apply. The prices 2 both baseball and symphony tickets decreased while her income stayed the same. Her income decreased while the prices of baseball and symphony tickets stayed the same. The price of symphony tickets increased while her income and the price of baseball tickets stayed the same. Her income increased while the prices of baseball and symphony tickets stayed the same. Based on Poornima's consumption of ballgames and symphonies after her budget constraint shifted, ballgames are goods and symphonies are goods.
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