Assume That the Quantity of X Is Measured on the Horizontal

question 39

Multiple Choice

Assume that the quantity of X is measured on the horizontal axis,and the quantity of Y is measured on the vertical axis.Assume that the price of X is $3 and the price of Y is $6.If Amanda has $90 to spend on X and Y,then

• A)she can buy,at most,30 units of good X.
• B)her budget line has a slope of -2.
• C)her budget line has a slope of −3.
• D)she can buy,at most,15 units of good X.