Multiple Choice
The slope of a budget line equals minus the ratio of the
A) marginal utilities of the goods indicated on the two axes
B) total utilities of the goods indicated on the two axes
C) lowest possible consumption levels for each of the goods indicated on the two axes
D) prices of the goods indicated on the two axes
E) sum of the prices of the goods indicated on the two axes and the budget
Correct Answer:

Verified
Correct Answer:
Verified
Q42: The slope of an indifference curve is
Q43: Exhibit 6-29 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-29
Q44: All combinations of goods along the same
Q45: At consumer equilibrium between goods F and
Q46: A curve that shows the combination of
Q48: The slope of a budget line is
Q49: Exhibit 6-31 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-31
Q50: A consumer's indifference map is a depiction
Q51: Only a change in income can affect
Q52: Exhibit 6-31 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-31