The figure above shows three budget lines.
-Based on the figure above,on which budget line is the relative price of gum the highest?
A) budget line BL2
B) budget line BL0
C) budget line BL1
D) The relative price is the same along all three budget lines.
E) To answer the question, more information is needed about the consumer's income.

Question

The figure above shows three budget lines.
-Based on the figure above,on which budget line is the relative price of gum the highest?
A) budget line BL2 
B) budget line BL0 
C) budget line BL1 
D) The relative price is the same along all three budget lines. 
E) To answer the question, more information is needed about the consumer's income.

Quizplus · Accepted Answer

The Answer of  
The figure above shows three budget lines.
-Based on the figure above,on which budget line is the relative price of gum the highest?
A) budget line BL2 
B) budget line BL0 
C) budget line BL1 
D) The relative price is the same along all three budget lines. 
E) To answer the question, more information is needed about the consumer's income.

The Figure Above Shows Three Budget Lines