Use the figure below to answer the following questions.

Figure 9.1.2
-Refer to Figure 9.1.2. Which budget line has the lowest relative price for compact discs?
A)DA
B)DB
C)DC
D)The relative price is equal for all three budget lines.
E)Cannot be determined without studying the indifference curves.

Question

Use the figure below to answer the following questions.
  
Figure 9.1.2
-Refer to Figure 9.1.2. Which budget line has the lowest relative price for compact discs?
A)DA 
B)DB 
C)DC 
D)The relative price is equal for all three budget lines. 
E)Cannot be determined without studying the indifference curves.

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following questions.
  
Figure 9.1.2
-Refer to Figure 9.1.2. Which budget line has the lowest relative price for compact discs?
A)DA 
B)DB 
C)DC 
D)The relative price is equal for all three budget lines. 
E)Cannot be determined without studying the indifference curves.

Use the Figure Below to Answer the Following Questions