Which of the Following Best Explains Why the Expenditure Line

question 116

Multiple Choice

Which of the following best explains why the expenditure line intersects the 45-degree line?

• A)The slopes of both lines are the same.
• B)The slope of the expenditure line is greater than the slope of the 45-degree line.
• C)The slope of the 45-degree line is greater than the slope of the expenditure line.
• D)The slope of the expenditure line is greater than 1.
• E)The slope of the expenditure line is negative.

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