Business
Business, 09.09.2019 17:20, kimlyn58p0wyn0

Assume that a consumer has a given budget or income of $12 and that she can buy only two goods, apples or bananas. the price of an apple is $1.50 and the price of a banana is $0.75. this means
what is the slope of the budget line for apples and bananas if apples were graphed on the horizontal axis and bananas on the vertical?
a) -0.20
b) -0.75
c) -1.00
d) -2.00

answer
Answers: 3

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Assume that a consumer has a given budget or income of $12 and that she can buy only two goods, appl...

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