Multiple Choice
Suppose that a consumer purchases just two goods, X and Y. The ratio of the price of good X to the price of good Y is the
A) intercept on the Y axis of the budget line.
B) intercept on the X axis of the budget line.
C) size of the shift in the budget line.
D) slope of the budget line.
Correct Answer:

Verified
Correct Answer:
Verified
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