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hiusy98 hiusy98
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7 years ago
The slope of the budget constraint:
A) changes as the marginal rate of substitution changes.
B) is the ratio of the prices of the two goods.
C) is the ratio of the budget to total utility.
D) equals one, since the consumer can purchase any combination along the budget constraint.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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andyborziandyborzi
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Posts: 449
7 years ago
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hiusy98 Author
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7 years ago
Project is complete now, thank you for your expertise!
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