Multiple Choice
On a graph we draw a consumer's budget constraint, measuring the number of pineapples on the horizontal axis and the number of pencils on the vertical axis. If the slope of the budget constraint is -6, then
A) a pineapple costs six times as much as a pencil.
B) the opportunity cost of a pineapple is 6 pencils.
C) the opportunity cost of a pencil is one-sixth of a pineapple.
D) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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