The Figure Above Shows Three Budget Lines

question 73

Multiple Choice

The figure above shows three budget lines.
-Based on the figure above,on which budget line is the relative price of gum the highest?

• A) Budget line BL₂.
• B) Budget line BL₀.
• C) Budget line BL₁.
• D) The relative price is the same along all three budget lines.
• E) To answer the question, more information is needed about the consumer's income.