MCQ
Slope of budget line is indicated by:
  • $\frac{ P _{ X }}{ P _{ Y }}$
  • B
    $\frac{P_{ Y }}{P_X}$
  • C
    $P_X-P_Y$
  • D
    all of these

Answer

Correct option: A.
$\frac{ P _{ X }}{ P _{ Y }}$
(a) $\frac{ P _{ X }}{ P _{ Y }}$

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