Ambrose Has Indifference Curves with the Equation X₂ = Constant

question 30

Multiple Choice

Ambrose has indifference curves with the equation x₂ = constant -4x^1/2₁, 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 (16,17) ?

• A)-16/17
• B)-17/16
• C)-0.50
• D)-21
• E)-4

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Definitions:

Spontaneous Recovery

The reappearance of a previously extinguished conditioned response after a period of no exposure to the conditioned stimulus.

Generalization

The process by which individuals apply knowledge or behavior learned in one context to different but similar contexts.

Discrimination

Discrimination is the unfair or prejudicial treatment of people based on characteristics such as race, age, sex, or disability instead of individual merit.

Primary Reinforcer

A stimulus that is naturally rewarding or satisfying, such as food or water, used to encourage specific behaviors in conditioning.