a
half the slope of the budget constraint line
b
equal to the slope of the budget constraint line
c
greater than the slope of the budget constraint line
d
less than the slope of the budget constraint line
Explanation
Correct Option
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Articulture1234
2 years ago
Consumer equilibrium exists at the point on the indifference curve where the budget line is tangent to the curve. Thus, at the equilibrium point, the slope of the budget line is equal to the slope of the indifference curve.
