EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

Budget Line & Optimal Choice · Question 4 of 67

Question 4

EasyOriginal question

The budget line is also called the

Options for question 4

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Its slope is set by the prices of the two goods, so it is also called the price line.

Concept
Other name of the budget line
Typical time
40 s
Your time
—
The rule this testsBudget set and budget line
Practise this chapter →

Ten questions from Budget Line & Optimal Choice, at your own pace.

Practise this chapter →

Ten questions from Budget Line & Optimal Choice, at your own pace.

Practise this chapterAll 67 questions in Budget Line & Optimal ChoiceRevise the notes for Budget Line & Optimal Choice