The Slope of the Budget Line Can Be Interpreted as Which

question 286

Multiple Choice

The slope of the budget line can be interpreted as which of the following?

• A) an opportunity cost
• B) the consumer's budget divided by the price of the good measured on the y-axis
• C) the consumer's budget divided by the price of the good measured on the x-axis
• D) the number of units of the good measured on the y-axis plus the number of units of the good measured on the x-axis
• E) the budget necessary to buy the combinations of goods on the budget line

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