How does the budget line change if consumer's income increases from Rs.20 to Rs.40, given that prices of both the goods remain unchanged ?

How does the budget line change if consumer's income increases from Rs

1.	How does the budget line change if consumer's income increases from Rs.20 to Rs.40, given that prices of both the goods remain unchanged ?
Answer» SOLUTION :The new BUDGET line will SHIFT rightwards (from AB to A'B' ) parallel to the original budget line.