Question: Not sure Bundle A (q1 = 1, q2 = 8) and bundle B (q1 = 6, q2 = 2) are on the same indifference curve

Not sure

Bundle A (q1 = 1, q2 = 8) and bundle B (q1 = 6, q2 = 2) are on the same indifference curve for an individual. The slope of the indifference curve at bundle A is MRS = -2 and the slope of the indifference curve at bundle Bis MRS = --. Suppose the individual has $10 to spend (y = 10) on a bundle of the goods. Which set of prices would the individual prefer to face: ( PI = 1 & P2 - 2) or (P1 = 2 & p2 = 1)? 92 91 Note: If no image appears above, click here c. They prefer a price of $1 for good #1 and a price of $2 for good #2 O They prefer a price of $2 for good #1 and a price of $1 for good #2 They are indifferent to the two different sets of prices

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