Reference: Ref 23-3 (Figure: Budget Constraint) Refer to the Figure

question 29

Multiple Choice

Reference: Ref 23-3 (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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