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Byju's Answer
Standard XI
Economics
The Budget Line
The sales rat...
Question
The sales rate increases from 2 to 3.5. Analyze the given graph and find the new graph.
A
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B
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C
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D
Can't be determined
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Solution
The correct option is
A
It is given that the sales rate is increased from 2 to 3.5.
To select the correct option, we have to find a graph with slope as 3.5.
So, we move the points in such a manner that the slope becomes 3.5.
From the first option:
Slope
=
C
h
a
n
g
e
i
n
y
C
h
a
n
g
e
i
n
x
=
7
−
0
2
−
0
=
3.5
From the second option:
Slope
=
C
h
a
n
g
e
i
n
y
C
h
a
n
g
e
i
n
x
=
7
−
0
2.6
−
0
=
2.70
From the third option:
Slope
=
C
h
a
n
g
e
i
n
y
C
h
a
n
g
e
i
n
x
=
4
−
0
1.6
−
0
=
2.5
Only first option has a slope 3.5.
∴
First option is the correct choice.
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