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The Slope of a Consumer's Budget Constraint Equals ________

Question 18

Multiple Choice

The slope of a consumer's budget constraint equals ________.


A) the ratio of the income of the consumer to the price of the good measured along the horizontal axis
B) the ratio of the price of the good measured along the vertical axis to the price of the good measured along the horizontal axis
C) the ratio of the price of the good measured along the horizontal axis to the price of the good measured along the vertical axis
D) the ratio of the income of the consumer to the price of the good measured along the vertical axis

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