An Indifference Curve Is Negatively-Sloped Because

question 41

Multiple Choice

An indifference curve is negatively-sloped because:

• A)utility is a subjective concept.
• B)as the consumer obtains additional units of one good, the consumer is willing to sacrifice increasing amounts of the other good.
• C)in order to remain at the same level of utility, if an individual gets more of one good, he must sacrifice some of the other good.
• D)marginal utility is constant along an indifference curve, and increases in the consumption of one good cause the price of that good to fall.

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