menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today Study Set 1
  4. Exam
    Exam 20: Consumer Choice
  5. Question
    The Slope of the Budget Constraint Line Is the
Solved

The Slope of the Budget Constraint Line Is the

Question 230

Question 230

Multiple Choice

The slope of the budget constraint line is the


A) income of consumers divided by the price of each good.
B) ratio of this year's income to last year's income.
C) rate of exchange between the two goods.
D) ratio of different levels of income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q225: If the budget line rotates, then we

Q226: If marginal utility is zero<br>A) a rational

Q227: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Using the above

Q228: The budget constraint shows the<br>A) combinations of

Q229: Which of the following is NOT true

Q231: John is currently spending all of his

Q232: Refer to the above table. The table

Q233: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Suppose the price

Q234: Marginal utility is defined as<br>A) the increase

Q235: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -According to the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines