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Figure: Indifference Curves and Consumption Bundles (Figure: Indifference Curves

Question 129

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Figure: Indifference Curves and Consumption Bundles 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. (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.

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