The Absolute Value of the Slope of the Budget Constraint

question 115

Multiple Choice

The absolute value of the slope of the budget constraint is equal to

• A)the marginal rate of substitution between the two goods in question.
• B)the price of good on the vertical axis divided by the price of the good on the horizontal axis.
• C)the price of good on the horizontal axis divided by the price of the good on the vertical axis.
• D)the quantity of the good on the vertical axis divided by the quantity of the good on the horizontal axis.

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Definitions:

Genes

The basic physical and functional units of heredity, made up of DNA, that determine specific characteristics by encoding proteins.

Polygenetic Effects

The influence on a trait that results from the interaction of many different genes.

Dominant Gene Pair

is two alleles of a gene where both are dominant, leading to the dominant trait being expressed in the organism.

Recessive Gene Pair

Two copies of a gene on a chromosome that must both be present for a recessive trait to be expressed.