Multiple Choice
The figures below show Chrisʹs consumption of specialty coffee per week.
FIGURE 6-10
-Refer to Figure 6-10. In general, the absolute value of the slope of the budget lines is equal to
A) the relative price ratio Pspecialty coffee/Pall other goods) .
B) the relative price ratio Pall other goods/Pspecialty coffee) .
C) the quantity of all other goods consumed divided by the quantity of specialty coffees consumed.
D) $15/value of all other goods.
E) the dollar value of all other goods divided by the number of specialty coffees consumed per week.
Correct Answer:

Verified
Correct Answer:
Verified
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