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Q: A's budget line has interceptes of 150 units of X and 300 units of Y price good Y is Rs 15 1 What is A's money income 2 Price of good X 3 Slope of budget line?

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Demand curves almost always have negative slopes. The Y value being price and the X value being quantity. The higher the price, the more negative the slope. There are very rare conditions where a demand curve could have a positive slope, but its not normally used in business classes.

then the slope is x=y. there is no slope.

Examples of slope: http://www.answers.com/topic/slope http://en.wikipedia.org/wiki/Slope

Yes, it is true; slope zero is no slope.

X=5 is a vertical line, so it has no slope. When I say it has no slope, I don't mean the slope is 0, I mean the slope is nonexistent.

Related questions

it is a line showing all possible combinations of two goods(goods-1 and good-2) which a consumer can buy with his given money income and the price of the goods prevailing in the market.anywhere on the budget line the consumer spends his entire income on either good1 or good2 or both the goods. each point on the budget line indicates the different combinations of good1 and good2 which a consumer can buy with his income. in indifference curve analysis consumer attains his equilibrium when the slope of price line/budget line is equal to the slope of indifference curve.equilibrium is attained at that point where ic curve is tangent to the price line.....

A change in the slope of a budget line is solely the result of a change in the consumer preference between two goods (A&B) given the cosumer's money income.

the price of goods on the x axis in terms of the good on the y axis

substitution effect is the explanation for the downward slope of the aggregate damnd curve.

The answer to your question will depend on whether you are a buyer or a seller, and whether you are currently in a profit or loss situation.

The demand curve is drawn with price on the vertical axis and quantity demanded on the horizontal axis. Mathematically, the slope of a curve is represented by rise over run, or the change in the variable on the vertical axis divided by the change in the variable on the horizontal axis. Therefore, the slope of the demand curve represents change in price divided by change in quantity. Elasticity, on the other hand, aims to quantify the responsiveness of demand and supply to changes in price, income, or other determinants of demand.

Marginal rate of substitution

Budget line(bl) is tangent to the indifference curve(ic) the slope of bl is same as that of ic.

why is the slope of supply an unsatifactory measure of the responsiveness in quantity supplied of a commodity to a change in its price

to ski on it it depends where you go and when

The demand curve will have a downward slope indicating ________ . A. the expansion of demand with a fall in price B. contraction of demand with a rise in price C. the expansion of demand with a fall in price and contraction of demand with a rise in price D. rise in price causes a rise in supply

because demand decreases as price increases :)