Solved

Consider a Graph with Yvonne's Income on the Y-Axis and Xavier's

Question 65

Multiple Choice

Consider a graph with Yvonne's income on the Y-axis and Xavier's income on the X-axis.Yvonne has twice as much income as Xavier.If Yvonne cares about the material well-being of Oscar,and considers the latter's income as an economic good,the slope of Yvonne's budget line relating her income to Xavier's income would be _____.


A) -1
B) -2
C) -1/2
D) -4

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents