Abudget line for shannon shows her consumption options for two of her favorite goods. an increase in a shannon’s income would lead to: group of answer choices a) a parallel shift in her budget line to the left, allowing her to buy less of both goods. b) a parallel shift in her budget line to the right, allowing her to buy more of both goods. c) either a shift of the budget line to the right or the left depending on shannon’s.

The answer is B-  A parallel shift in her budget line to the right, allowing her to buy more of both goods.

Explanation:

A budget line is a straight line that slopes downward that illustrates graphically the combination between two products which a consumer can afford buy at a given market price with a given income. It separates what the consumer can afford from what the consumer cannot afford.

An increase the consumer's income will cause the budget line to shift outward (to the right), parallel to the original line with a given price. This means that the consumer can buy more goods with more income. However, if the consumer's income decreases, the line on the graph will shift downward (to the left) but will retain the same slope.

Therefore, Shanon's increase in her income would lead to a parallel shift in her budget line to the right allowing her to buy more goods.

it is a part of john locke's natural rights popular during the age of enlightenment that people had inalienable rights to life, liberty and property. this was reflected by thomas jefferson in his declaration of independence as rights to life,liberty and the pursuit of happiness.

another line in the declaration of independence is that people have certain rights just because they are human. humans are capable of obeying the three natural rights john locke mentioned making them governable by these laws and therefore entitled to these rights as well.

even though you have attached neither the chart nor the generalizations, i have located them online. the right answer is d, since they are asking you about a generalization. you can only infer from the chart that between 2008 and 2009 the number of employed workers decreased significantly (from over 115 millions to 107 millions approximately), which signals some type of economic crisis.