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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
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    Refer to the Budget Line Shown in the Diagram
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Refer to the Budget Line Shown in the Diagram

Question 342

Question 342

Multiple Choice

  Refer to the budget line shown in the diagram. The absolute value of the slope of the budget line is A) MU C/MU D. B) one-half. C) P<sub>d</sub>/ P<sub>c</sub> . D) P<sub>c</sub> / P<sub>d</sub>. Refer to the budget line shown in the diagram. The absolute value of the slope of the budget line is


A) MU C/MU D.
B) one-half.
C) Pd/ Pc .
D) Pc / Pd.

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