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 (4, 11)?
A)-4/11
B)-11/4
C) -1
D) -13
E) -2

Question

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 (4, 11)?
A)-4/11 
B)-11/4 
C) -1 
D) -13 
E) -2

Quizplus · Accepted Answer

The Answer of 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 (4, 11)?
A)-4/11 
B)-11/4 
C) -1 
D) -13 
E) -2

In Problem 2, Ambrose Has Indifference Curves with the Equation