What Is the Slope of the Price Consumption Curve for Two

question 9

Multiple Choice

What is the slope of the price consumption curve for two goods,x and y,when preferences are measured by the utility function U(x,y) = x^0.5y^0.5,the price of good y is $10,income equals $100,and the price of good x increases from $5 to $10?

• A) Slope equals zero.
• B) Slope is infinite.
• C) Slope is - .
• D) Slope is .

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Definitions:

Auditory Nervous System

The part of the nervous system responsible for hearing; it includes both the peripheral components, like the ear, and the central components, like the brain's auditory pathways.

Stimuli

External factors or changes in the environment that elicit physical or behavioral responses from organisms.

Parent

describes a caregiver of a child, who may be a biological, adoptive, step, or foster figure responsible for the child's upbringing.

Taste Disturbance

A condition in which a person's sense of taste is diminished, altered, or completely absent.