4. Suppose a consumer must choose between the consumption of sandwiches and pizza. If we measure the
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4. Suppose a consumer must choose between the consumption of sandwiches and pizza. If we measure the quantity of pizza on the horizontal axis and the quantity of sandwiches on the vertical axis, and if the price of a pizza is $10 and the price of a sandwich is $5, then the slope of the budget constraint is
a. 5.
b. 10.
c. 2.
d. 1/2.
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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics
ISBN: 9783030019983
5th Edition
Authors: David R. Hakes
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