AdmitMe
Economics · Theory of consumer behaviour

EconomicsTheory of consumer behaviourJAMB

The budget (price) line shows

Show answer

Answer: D. combinations of two goods a consumer can buy with a given income

Its slope is the ratio of the prices.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Practise Theory of consumer behaviourA timed set on this topic, freeAsk the AI TutorExplain it another way

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Theory of consumer behaviour questions