Multiple Choice
If a consumer purchases two goods, food (measured along the axis) and housing (measured along the axis) , and if the price of food is $3 per unit and the price of housing is $400 per unit, then what is the slope of the consumer's budget constraint if the consumer has an income of $600?
A) -3/600.
B) -3/400
C) -400/600
D) -400/3
Correct Answer:

Verified
Correct Answer:
Verified
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