Figure: Indifference Curves and Consumption Bundles (Figure: Indifference Curves and Consumption Bundles) Let MUP = marginal utility of pizza, MUH = marginal utility of hot dogs, PP = price of a slice of pizza, PH = price of a hot dog.In the figure, the absolute value of the slope of an indifference curve is equal to:
A)MUP/MUH.
B)MUH/MUP.
C)PH/PP.
D)PP/PH.

Question

Figure: Indifference Curves and Consumption Bundles  (Figure: Indifference Curves and Consumption Bundles) Let MUP = marginal utility of pizza, MUH = marginal utility of hot dogs, PP = price of a slice of pizza, PH = price of a hot dog.In the figure, the absolute value of the slope of an indifference curve is equal to:
A)MUP/MUH. 
B)MUH/MUP. 
C)PH/PP. 
D)PP/PH.

Quizplus · Accepted Answer

The Answer of Figure: Indifference Curves and Consumption Bundles  (Figure: Indifference Curves and Consumption Bundles) Let MUP = marginal utility of pizza, MUH = marginal utility of hot dogs, PP = price of a slice of pizza, PH = price of a hot dog.In the figure, the absolute value of the slope of an indifference curve is equal to:
A)MUP/MUH. 
B)MUH/MUP. 
C)PH/PP. 
D)PP/PH.