coolbeanz5139 coolbeanz5139

24-05-2023
Business

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In the exhibit below there are two goods, X on the horizontal axis, and Y on the vertical axis. The price of X is $1 per unit, and the price of Y is $1 per unit. The budget is $5 and it is represented by the solid green line.
The absolute value of the slope of the budget line is:
A: Undefined
B: 1
C: 1.5
D: 5

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