Reference: Ref 23-3 (Figure: Budget Constraint) Refer to the figure. The slope of the budget constraint in the figure above is equal to:
A) the price of sneakers divided by the price of flip- flops.
B) the price of flip-flops divided by the price of gas.
C) the quantity of flip-flops divided by the quantity of sneakers.
D) the quantity of sneakers divided by the quantity of flip- flops.

Question

Reference: Ref 23-3 (Figure: Budget Constraint) Refer to the figure. The slope of the budget constraint in the figure above is equal to:
A) the price of sneakers divided by the price of flip- flops. 
B) the price of flip-flops divided by the price of gas. 
C) the quantity of flip-flops divided by the quantity of sneakers. 
D) the quantity of sneakers divided by the quantity of flip- flops.

Quizplus · Accepted Answer

The Answer of  Reference: Ref 23-3 (Figure: Budget Constraint) Refer to the figure. The slope of the budget constraint in the figure above is equal to:
A) the price of sneakers divided by the price of flip- flops. 
B) the price of flip-flops divided by the price of gas. 
C) the quantity of flip-flops divided by the quantity of sneakers. 
D) the quantity of sneakers divided by the quantity of flip- flops.

Reference: Ref 23-3 (Figure: Budget Constraint) Refer to the Figure