Business

Bryce Cain

7 April, 09:17

The slope of the budget line represents an opportunity cost because, moving along the line,

a. income is decreasing.

b. additional income must be earned in order to purchase more of one good.

c. income is increasing.

d. a consumer must give up some of one good in order to get more of the other.

e. it is possible to consume more of both goods.

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