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The slope of the budget line represents the rate at which the consumer is willing to trade one good for another at any given bundle a. True b. False
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The slope of the budget line represents the rate at which the consumer is willing to trade one good for another at any given bundle a. True b. False

User Noah Campbell
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6 votes

Answer:

False

Step-by-step explanation:

The slope of the budget line is the ratio of the prices of that bundle of goods. It represents the price at which a consumer would be willing to substitute one good for the other in the same bundle of goods.

I hope my answer helps you

User Kiriloff
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