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The Slope of the Budget Line Can Be Interpreted as Which

Question 286

Multiple Choice

The slope of the budget line can be interpreted as which of the following?


A) an opportunity cost
B) the consumer's budget divided by the price of the good measured on the y-axis
C) the consumer's budget divided by the price of the good measured on the x-axis
D) the number of units of the good measured on the y-axis plus the number of units of the good measured on the x-axis
E) the budget necessary to buy the combinations of goods on the budget line

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