Suppose that Kelly has a monthly fixed income of $ 1000 and has $200 of her income allocated to buy cookies and movies. Suppose that there is an increase in the price for movies but not in the price for cookies. This will:
A. shift the budget line parallel to the left.
B. shift the budget line parallel to the right.
C. change the slope of the budget line.
D. not affect the budget line because income remains constant.
Answer: C
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