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Assume P_x Is the Price of Good X on the Horizontal

Question 26

Multiple Choice

Assume P_x is the price of good X on the horizontal axis and P_y is the price of good Y on the vertical axis. The slope of the budget line equals:

A) P_y / P_xY.
B) P_yQ_y / P_x Q_x.
C) (1 − P_y / P_x) .
D) P_x / P_y.

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