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Question 10

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Use the following to answer questions:
Figure: Budget Constraint 4 Use the following to answer questions: Figure: Budget Constraint 4 -(Figure: Budget Constraint 4) Refer to the figure. This figure represents the budget constraint of a consumer who purchases flip-flops and sneakers. The slope of the budget constraint is equal to: A) the price of sneakers divided by the price of flip-flops. B) the price of flip-flops divided by the price of sneakers. C) the consumer's income. D) the quantity of flip-flops divided by the quantity of sneakers.
-(Figure: Budget Constraint 4) Refer to the figure. This figure represents the budget constraint of a consumer who purchases flip-flops and sneakers. The slope of the budget constraint is equal to:


A) the price of sneakers divided by the price of flip-flops.
B) the price of flip-flops divided by the price of sneakers.
C) the consumer's income.
D) the quantity of flip-flops divided by the quantity of sneakers.

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