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Suppose That a Consumer Has the Utility Function U=5 A+7 B\mathrm { U } = 5 \mathrm {~A} + 7 \mathrm {~B}

Question 86

Multiple Choice

Suppose that a consumer has the utility function U=5 A+7 B\mathrm { U } = 5 \mathrm {~A} + 7 \mathrm {~B} . If is measured on the horizontal axis, which of the following is correct?


A) The indifference curves will be L-shaped.
B) The indifference curves will be horizontal.
C) The indifference curves will be straight lines with slope 5/7- 5 / 7 .
D) The indifference curves will be straight lines with slope 7/5- 7 / 5 .

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