The Assumption That More Is Preferred to Less Explains Why

question 61

Multiple Choice

The assumption that more is preferred to less explains why indifference curves:

• A)that lie closer to the origin represent higher levels of utility.
• B)that lie farther from the origin represent higher levels of utility.
• C)cross frequently.
• D)slope upward and away from the origin.

---

Definitions:

Taboos

Are among the strongest norms. When someone violates a taboo, it causes revulsion in the community, and punishment is severe.

Material Objects

Physical items that are created or shaped by human beings and hold social, economic, or cultural significance.

Practices

Routinely followed procedures or habits in personal or institutional activities.

Culture

A complex system of beliefs, values, customs, behaviors, and artifacts that members of society use to cope with their world and with one another.