Refer to the information provided in Figure 6.14 below to answer the questions that follow. Figure 6.14
-Refer to Figure 6.14. Assume Ellen has two products available, pizza and hamburgers. Ellen is always willing to trade one pizza for one hamburger regardless of how many pizzas and hamburgers she has. The curve in Panel ________ represents her indifference curve.
A) A
B) B
C) C
D) D

Question

Refer to the information provided in Figure 6.14 below to answer the questions that follow.   Figure 6.14
-Refer to Figure 6.14. Assume Ellen has two products available, pizza and hamburgers. Ellen is always willing to trade one pizza for one hamburger regardless of how many pizzas and hamburgers she has. The curve in Panel ________ represents her indifference curve.
A) A 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

Ellen is willing to trade one pizza for one hamburger regardless of how many pizzas and hamburgers she has. This means that she is indifferent between any combination of pizzas and hamburgers that have the same ratio of pizzas to hamburgers. The curve in Panel A represents her indifference curve because it shows all the combinations of pizzas and hamburgers that she is indifferent between.

Refer to the Information Provided in Figure 6