If a Consumer Is Always Indifferent Between an Additional One

question 124

Multiple Choice

If a consumer is always indifferent between an additional one grapefruit or an additional two oranges, then when oranges are on the horizontal axis the indifference curves:

• A) will be straight lines with a slope of -1/2.
• B) will be straight lines with a slope of -1.
• C) will be straight lines with a slope of +1/2.
• D) will be right angles whose corners occur on a ray from the origin with a slope of +2.
• E) none of the above

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