Suppose That the Marginal Utility of Good Y = 2X²

question 93

Multiple Choice

Suppose that the marginal utility of good Y = 2X² and the marginal utility of good X = 4XY. What is the slope of the indifference curve when Y = 7 and X = 2? Assume that good X is on the horizontal axis and good Y is on the vertical axis.

• A) 7
• B) 0.143
• C) -14
• D) -0.143