The Slope of the Budget Constraint Is Determined by the

question 552

Multiple Choice

The slope of the budget constraint is determined by the

• A)relative price of the goods measured on the axes.
• B)relative price of the goods measured on the axes and the consumer's income.
• C)endowment of productive resources.
• D)preferences of the consumer.

---

Definitions:

Octopuses

Cephalopod mollusks with eight arms, known for their intelligence, ability to change color, and escape skills.

Earthworms

Terrestrial invertebrates that play a key role in soil aeration and nutrient recycling through their burrowing actions.

Typhlosole

An internal fold of the intestine or another structure that increases surface area for digestion and absorption in some animals.

Hermaphroditic

Type of animal that has both male and female sex organs.