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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
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    The Slope of a Budget Line Reflects the
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The Slope of a Budget Line Reflects the

Question 39

Question 39

Multiple Choice

The slope of a budget line reflects the


A) elasticity of demand for the two products.
B) price ratio of the two products.
C) amount of the consumer's income.
D) utility ratio of the two products.

Correct Answer:

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