Assume the price of product Y (the quantity of which is on the vertical axis)is $10 and the price of product X (the quantity of which is on the horizontal axis)is $5. Also assume that money income is $30. The absolute value of the slope of the resulting budget line is
A)2.
B)1/2.
C)3.
D)6.

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The Answer of Assume the price of product Y (the quantity of which is on the vertical axis)is $10 and the price of product X (the quantity of which is on the horizontal axis)is $5. Also assume that money income is $30. The absolute value of the slope of the resulting budget line is
A)2.
B)1/2.
C)3.
D)6.

Assume the Price of Product Y (The Quantity of Which