Tim Has Preferences Represented by the Utility Function U(x, Y)=

question 2

Multiple Choice

Tim has preferences represented by the utility function U(x, y) = min{6x + y, x + 2y}.If x is on the horizontal axis and y is on the vertical axis, what is the slope of his indifference curve at the point (8,9) ?

• A)-6
• B)-2/6
• C)-1/2
• D)-1/6
• E)-8/9

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