The Slope of the Budget Line Is Equal to the Ratio

question 63

Multiple Choice

The slope of the budget line is equal to the ratio of:

• A) marginal utilities.
• B) money income to the price of the good on the horizontal axis.
• C) money income to the price of the good on the vertical axis.
• D) price of the good on the horizontal axis to the price of the good on the vertical axis.

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