Suppose That a Consumer Purchases Just Two Goods, X and Y

Multiple Choice

Suppose that a consumer purchases just two goods, X and Y. The slope of the budget line would indicate the

A) opportunity cost of good Y in terms of good X given up for each unit of Y.
B) opportunity cost of good X in terms of good Y given up for each unit of X.
C) maximum quantity of good Y that the consumer could buy with a given budget.
D) maximum quantity of good X that the consumer could buy with a given budget.