MCQ
Slope of budget line is:
  • $\frac{\text{P}_\text{x}}{\text{P}_\text{y}}$
  • B
    $\frac{\text{P}_\text{y}}{\text{P}_\text{x}}$
  • C
    $\text{MRS}$
  • D
    $\text{P}_\text{x}.\text{P}_\text{y}$

Answer

Correct option: A.
$\frac{\text{P}_\text{x}}{\text{P}_\text{y}}$

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