Multiple Choice
Suppose a consumer must choose between the consumption of sandwiches and pizza. If we measure the quantity of pizza on the horizontal axis and the quantity of sandwiches on the vertical axis, and if the price of a pizza is R100 and the price of a sandwich is R50, then the slope of the budget constraint is:
A) 2
B) 10
C) ½
D) 5
Correct Answer:
Verified
Correct Answer:
Verified
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