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    Managerial Economics and Business Strategy Study Set 1
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    Exam 4: The Theory of Individual Behavior
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    The Slope of the Budget Line Represents
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The Slope of the Budget Line Represents

Question 146

Question 146

Multiple Choice

The slope of the budget line represents:


A) the marginal rate of substitution.
B) the market rate of substitution.
C) the budget rate of substitution.
D) the opportunity rate of substitution.

Correct Answer:

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