John will eat peanut butter and jelly sandwiches only when they are made with exactly two ounces of peanut butter and one ounce of jelly.If peanut butter is on the horizontal axis (Pb.and jelly on the vertical axis (J),John's indifference curve for peanut butter and jelly is:
A)L-shaped,beginning at 2PB and 1J.
B)convex to the origin with a slope of -1/2.
C)a parallel straight line with a slope of -2.
D)concave to the origin with a slope of -2.

Question

Quizplus · Accepted Answer

Since John requires a specific ratio of 2 ounces of peanut butter to 1 ounce of jelly, his indifference curve will be L-shaped, with the curve beginning at 2 ounces of peanut butter and 1 ounce of jelly. This is because if he has less than 2 ounces of peanut butter, he will not eat the sandwich, regardless of how much jelly is on it. Therefore, the curve starts at this point and then goes down vertically as he increases the amount of jelly.

John Will Eat Peanut Butter and Jelly Sandwiches Only When