Sample Questions for ECN 302 Midterm 1
B 8 5 C 5 8 If preferences satisfy all three of the usual assumptions: a. A is on the same indifference curve as B. ... and product B, which has a unit price of $15. What is the slope of the budget line if good A is on the horizontal axis and good B is on the vertical axis? a. -7/15. ................
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