Business, 13.03.2020 03:33 710jonathan

The slope of the budget line is: negative, since to purchase more of one good means giving up some of the other good. positive, since income and prices are positively related. zero, since both prices and income are assumed to be constant. negative, because of the marginal rate of substitution.

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The slope of the budget line is: negative, since to purchase more of one good means giving up some o...

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