Which One of the Following Statements Is False

question 70

Multiple Choice

Which one of the following statements is false?

• A)If the indifference curve is steep,the marginal rate of substitution is high.
• B)A low marginal rate of substitution implies a relatively flat indifference curve.
• C)A relatively flat indifference curve implies a consumer must receive a large amount of good X to compensate for a small decrease in good Y.
• D)A high marginal rate of substitution implies a consumer must receive a large amount of good X to compensate for a small decrease in good Y.
• E)A consumer's marginal rate of substitution decreases as she moves down along her indifference curve.

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Definitions:

Recall

The cognitive process of retrieving information from memory without the aid of cues, often assessed in tests of memory and cognition.

Pain Receptors

Specialized nerve cells that detect and transmit messages about stimuli that may be damaging or injurious to the body, leading to the sensation of pain.

Neural Impulses

Electrical impulses moving through neurons, enabling interaction throughout the nervous system.

Transduction

The process by which sensory information is converted into a form that can be processed by the brain.