This topic contains a solution. Click here to go to the answer

Author Question: The slope of the budget line can be interpreted as which of the following? (Read 24 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
The slope of the budget line can be interpreted as which of the following?
◦ an opportunity cost
◦ the consumer's budget divided by the price of the good measured on the y-axis
◦ the consumer's budget divided by the price of the good measured on the x-axis
◦ 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
◦ the budget necessary to buy the combinations of goods on the budget line


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by debasdf on May 24, 2019

katara

  • Sr. Member
  • ****
  • Posts: 305
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly



debasdf

  • Hero Member
  • *****
  • Posts: 570

katara

  • Sr. Member
  • ****
  • Posts: 305
Great! Please up vote :D



 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

For a complete list of videos, visit our video library