Suppose a Consumer Buy Books and DVDs

question 34

Multiple Choice

Suppose a consumer buy books and DVDs.The price of a book is $10,the price of a DVD is $20 and the consumer's income is $400.If books are measured on the vertical axis and DVDs are measured on the horizontal axis,then the slope of the budget line is:

• A) 2.
• B) -2.
• C) 1/2.
• D) -1/2.

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