Multiple Choice
The slope of the budget line
A) always equals 1.
B) equals income divided by price.
C) equals the ratio of the prices.
D) decreases as we move from left to right.
Correct Answer:
Verified
Related Questions
The slope of the budget line
A) always equals 1.
B) equals income divided by price.
C) equals the ratio of the prices.
D) decreases as we move from left to right.
Correct Answer:
Verified