-The above figure gives your budget line between CDs and magazines. The slope of the budget line is _______ CD(s) per magazine.
A) - 2
B) - 1/2
C) - 1
D) 1/2

Question

-The above figure gives your budget line between CDs and magazines. The slope of the budget line is _______ CD(s) per magazine.
A) - 2 
B) - 1/2 
C) - 1 
D) 1/2

Quizplus · Accepted Answer

The slope of the budget line represents the rate at which you can trade one good for another while staying within your budget. A slope of -1/2 means you give up 1/2 CD for each magazine you buy.

-The Above Figure Gives Your Budget Line Between CDs and Magazines