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The Slope of a Budget Line with X on the Vertical

Question 43

Multiple Choice

The slope of a budget line with x on the vertical axis and y on the horizontal axis equals


A) (-income/Px) / (income/Py)
B) (income - Px) / (income - Py)
C) (income + Px) / (income + Py)
D) (Px - Py) / (Px + Py)
E) (Px + Py) / (Py - Px)

Correct Answer:

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