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Question 14

One of the following is not a property of an indifference curve

  • A.Negative slope
  • B.non-intersection of difference curve
  • C.Higher indifference curve equals higher utility
  • D.decreasing rate of technical substitution
Objective

Question details

Exam body
RSUT
Subject
Economics
Year
2009/2010
Question no.
#14
Type
Objective
Previous · Q13The law of diminishing marginal utility states that Next · Q15 With a given level of money income, a consumer maximizes satisfaction from the…

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