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question below Consider Mike's budget constraint for soda and burgers. Each week, Mike has $12 to spend on burgers and sodas. The price of a

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Consider Mike's budget constraint for soda and burgers. Each week, Mike has $12 to spend on burgers and sodas. The price of a burger is $4 and the price of a soda is $1. If burgers is the good on the X axis, then which of the following statements is correct? O a. the slope of Mike's budget constraint is -1/4 and the Y-intercept is equal to 12 O b. the slope of Mike's budget constraint is -4 and the Y-intercept is equal to 12 O c the slope of Mike's budget constraint is equal to -4 and the Y-intercept is 3 O d. the slope of Mike's budget constraint is equal to -1/4 and the Y-intercept is 3

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