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Larry Consumes Only Beer (B)and Chips (C)

Question 22

Multiple Choice

Larry consumes only beer (B) and chips (C) .The magnitude of the slope of his budget line (with beer measured on the vertical axis) is

A) P_C/Y.
B) P_C × P_B.
C) Y/P_C.
D) Y/P_B.
E) P_C/P_B.

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