Multiple Choice
Use the following to answer questions:
Scenario: Music Downloads and Streamed Movies
Phillip has an income of $300 per month, which he uses to purchase music downloads (MD) and streamed movies (SM) . Each music download costs $1 and each streamed movie costs $5.
-(Scenario: Music Downloads and Streamed Movies) Read the scenario Music Downloads and Streamed Movies. The slope of Phillip's budget line is equal to:
A) -0.2.
B) -5.
C) -0.4.
D) -2.5.
Correct Answer:

Verified
Correct Answer:
Verified
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