Home » Online Course » John will eat peanut butter and jelly sandwiches only when they are made with exactly two ounces of peanut butter and one ounce of jelly. If peanut butter is on the horizontal axis (PB) and jelly on the vertical axis (J), John’s indifference curve for peanut butter and jelly is:

John will eat peanut butter and jelly sandwiches only when they are made with exactly two ounces of peanut butter and one ounce of jelly. If peanut butter is on the horizontal axis (PB) and jelly on the vertical axis (J), John’s indifference curve for peanut butter and jelly is:

a parallel straight line with a slope of –2.

convex to the origin with a slope of –1/2.

L-shaped, beginning at 2PB and 1J.

concave to the origin with a slope of –2.

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