The Income of a Consumer Is $40, the Price of a Is

question 327

Multiple Choice

The income of a consumer is $40, the price of A is $2, and the price of B is $6. If the quantity of A is measured vertically, then the slope of the budget line is

• A)-3.0.
• B)-0.5.
• C)-0.33.
• D)-2.5.

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Definitions:

Interracial Marriages

Marriages between individuals of different racial backgrounds, which have historically faced legal and social challenges.

Social Standing

An individual's or group's position within a societal hierarchy, determined by factors such as wealth, occupation, education, and family background.

Rebellious

Characterized by resistance against authority or control, often manifested in actions or attitudes seeking to bring about change in societal norms, policies, or personal circumstances.

Fundamental Constitutions

Refers to essential laws or principles that form the foundation of a government or organization.