Which One of the Following Statements Is True About the Indifference

question 28

Multiple Choice

Which one of the following statements is true about the indifference curves for two goods that are close but not perfect substitutes?

• A)The indifference curves are negatively-sloped straight lines.
• B)The indifference curves are L-shaped.
• C)The marginal rate of substitution is constant.
• D)The marginal rate of substitution decreases as more of the good measured on the x-axis and less of the good measured on the y-axis are consumed.
• E)The marginal rate of substitution is negative.

---

Definitions:

Advertisers

Companies or individuals who pay to promote their products, services, or ideas through various media channels.

Corporate Media Ownership

The control of media outlets and organizations by large corporations, often leading to concerns about the diversity of viewpoints and the independence of the media.

Corporate Media Ownership

Refers to the ownership of media outlets by large corporations, often leading to concentrated media power and influence.

Corporate Voice

The collective expression or message conveyed by a corporation's communications to its stakeholders.