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Ambrose Has Indifference Curves with the Equation X2 = Constant

Question 1

Multiple Choice

Ambrose has indifference curves with the equation x2 = constant - Ambrose has indifference curves with the equation x<sub>2</sub> = constant - , 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 (16, 17) ? A) -16/17 B) -17/16 C) -0.50 D) -21 E) -4 , 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 (16, 17) ?


A) -16/17
B) -17/16
C) -0.50
D) -21
E) -4

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