Question 1
As you move up an indifference curve, the absolute value of the slope
◦ increases.
◦ decreases.
◦ remains constant.
◦ initially increases and then decreases.
Question 2
Refer to the information provided in Figure 6.14 below to answer the question(s) that follow.


Refer to Figure 6.14. If the price of an ice cream cone is $2, Jason's income is
◦ $75.
◦ $250.
◦ $300.
◦ indeterminate because the price of ice cream sandwiches is not given.