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

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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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