Slope of budget line is indicated by: - Vidyadip

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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