What determines the slope of a budget constraint, Microeconomics

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What determines the slope of a budget constraint

Problem

1. What is a budget constraint?

2. What determines the slope of a budget constraint? What situation would change the slope of a budget constraint?

3. What do we call the bundle represented by the point of tangency between the consumer's indifference curve and her budget constraint?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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