Use the following to answer 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, and 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.
Correct Answer:
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