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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
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    If the Quantity of X Is Measured on the Horizontal
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If the Quantity of X Is Measured on the Horizontal

Question 340

Question 340

True/False

If the quantity of X is measured on the horizontal axis and the quantity of Y on the vertical, then the slope of the budget line is equal to the price of X divided by the price of Y.

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