Ambrose Has Indifference Curves with the Equation X₂ = Constant

question 17

Multiple Choice

Ambrose has indifference curves with the equation x₂ = constant - , where larger constants correspond to higher indifference curves. If good 1 is drawn on the horizontal axis and good 2 on the vertical axis, what is the slope of Ambrose's indifference curve when his consumption bundle is (9, 5) ?

• A) -0.67
• B) -8
• C) -9/5
• D) -5/9
• E) -3

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