Something that provides disutility is called a

If all prices fall by 5 percent and money income remains constant, the new budget line will have

A) a positive slope. B) the same slope. C) a steeper slope. D) a flatter slope.

The slope of an indifference curve

A) measures total utility. B) is calculated by dividing the quantity of the good on the vertical axis by the quantity of the good on the horizontal axis. C) measures the marginal rate of substitution between the two goods in question. D) is calculated by dividing the price of good on the vertical axis by price of the good on the horizontal axis.