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Consider the following two goods: beer and hamburgers. The slope of the consumer’s budget constraint is measured by the A. consumer’s marginal rate of substitution B. quantity of beer purchased divided
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Consider the following two goods: beer and hamburgers. The slope of the consumer’s budget constraint is measured by the

A. consumer’s marginal rate of substitution
B. quantity of beer purchased divided by the number of hamburgers purchased
C. consumer’s income divided by the price of hamburgers
D. relative price of beer and hamburgers

User Naing Linn Aung
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Answer:

D. relative price of beer and hamburgers

User Pakpe
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