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The Slope of the Budget Line in the Graph Shown

Question 52

Multiple Choice

The slope of the budget line in the graph shown: A) represents the opportunity cost of the two goods relative to each other. B) represents the relative marginal utilities from consuming the two goods. C) measures the total utility the consumer gets from consuming the two goods. D) is the consumer's income level. The slope of the budget line in the graph shown:


A) represents the opportunity cost of the two goods relative to each other.
B) represents the relative marginal utilities from consuming the two goods.
C) measures the total utility the consumer gets from consuming the two goods.
D) is the consumer's income level.

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