Suppose That a Consumer Purchases Just Two Goods, X and Y

question 352

Multiple Choice

Suppose that a consumer purchases just two goods, X and Y. The ratio of the price of good X to the price of good Y is the

• A) intercept on the Y axis of the budget line.
• B) intercept on the X axis of the budget line.
• C) size of the shift in the budget line.
• D) slope of the budget line.

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Definitions:

Top of Ocean Food Chains

Predators that occupy the highest trophic levels in marine ecosystems, controlling the population and health of the ecosystem indirectly.

Predators

Animals that hunt, kill, and consume other organisms for food.

Invasive Species

Non-native organisms that spread rapidly in new environments, often causing harm to native species, human health, and economies.

Generalists

Organisms that have a broad niche and can thrive in a wide variety of environmental conditions and can make use of a variety of different resources.