Please help! ill give brainliest!
1 answer:
You might be interested in
In Mathematics, the ratio of the price of two (2) goods that is represented on a graphed budget line is measured by its: slope.
<h3>What is a graph?</h3>A graph is a statistical tool that is primarily used for the graphical representation of data by using both the horizontal and vertical lines, which are denoted as x-axis and y-axis respectively.
<h3>What is slope?</h3>The slope of a line can be defined as the gradient of a line and it's typically used to describe both the ratio, direction and steepness of an equation of a straight line.
Mathematically, the slope of a line is given by the following formula;
In conclusion, the ratio of the price of two (2) goods that is represented on a graphed budget line is measured by its slope.
Read more on slope here: brainly.com/question/3493733