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Figure 5-13 -In Figure 5-13, the Slope of the Budget Line (Dropping

Question 177

Multiple Choice

Figure 5-13 Figure 5-13 -In Figure 5-13, the slope of the budget line (dropping all minus signs) equals A) price of good X/price of good Y. B) price of good Y/price of good X. C) the minimum number of units of good Y the consumer would have to receive to make him willing to give up one unit of good X. D) the minimum number of units of good X the consumer would have to receive to make him willing to give up one unit of good Y.
-In Figure 5-13, the slope of the budget line (dropping all minus signs) equals


A) price of good X/price of good Y.
B) price of good Y/price of good X.
C) the minimum number of units of good Y the consumer would have to receive to make him willing to give up one unit of good X.
D) the minimum number of units of good X the consumer would have to receive to make him willing to give up one unit of good Y.

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