In Problem 2, Ambrose Has Indifference Curves with the Equation

question 24

Multiple Choice

In Problem 2, Ambrose has indifference curves with the equation , 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 (16, 10) ?

• A) -1/11
• B)-11/1
• C) -36/11
• D) -14
• E) -4

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