Use the following to answer questions:
Figure: Budget Constraint
-(Figure: Budget Constraint) Refer to the figure. The slope of the budget constraint in the figure above is equal to:
A) the price of sneakers divided by the price of flip-flops.
B) the price of flip-flops divided by the price of gas.
C) the quantity of flip-flops divided by the quantity of sneakers.
D) the quantity of sneakers divided by the quantity of flip-flops.

Question

Use the following to answer questions:
Figure: Budget Constraint 
-(Figure: Budget Constraint) Refer to the figure. The slope of the budget constraint in the figure above is equal to:
A) the price of sneakers divided by the price of flip-flops. 
B) the price of flip-flops divided by the price of gas. 
C) the quantity of flip-flops divided by the quantity of sneakers. 
D) the quantity of sneakers divided by the quantity of flip-flops.

Quizplus · Accepted Answer

The Answer of Use the following to answer questions:
Figure: Budget Constraint 
-(Figure: Budget Constraint) Refer to the figure. The slope of the budget constraint in the figure above is equal to:
A) the price of sneakers divided by the price of flip-flops. 
B) the price of flip-flops divided by the price of gas. 
C) the quantity of flip-flops divided by the quantity of sneakers. 
D) the quantity of sneakers divided by the quantity of flip-flops.

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