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The slope of a budget line is

Question:

The slope of a budget line is

A.

the satisfaction level of both the commodities

B.

the income level of the consumer

C.

the price ratio of both the commodities under consideration

D.

price level of a country

Answer» c. the price ratio of both the commodities under consideration

Note: The above multiple-choice question is for all general and Competitive Exams in India