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  3. 2 originally the price of x is 20 and the...

Question: 2 originally the price of x is 20 and the...

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2. Originally, the price of X is $20 and the price of Y is $80. If the price of X decreases by $5 and the price of Y decreases by $20, the new budget line will (a) move inward and be parallel to the old budget line. (b) move outward and be parallel to the old budget line. (c) move outward and become steeper (d) move inward and become steeper (e) move outward and become flatter.

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