Multiple Choice
Assume that the quantity of X is measured on the horizontal axis,and the quantity of Y is measured on the vertical axis.Assume that the price of X is $3 and the price of Y is $6.If Amanda has $90 to spend on X and Y,then
A) she can buy,at most,30 units of good X.
B) her budget line has a slope of -2.
C) her budget line has a slope of −3.
D) she can buy,at most,15 units of good X.
Correct Answer:
Verified
Correct Answer:
Verified
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