Which of the Following Is NOT a Characteristic of a Typical

question 7

Multiple Choice

Which of the following is NOT a characteristic of a typical indifference curve?

• A)The curve shows all combinations of goods that give the consumer the same level of utility.
• B)As a consumer has less of a good,he is less willing to exchange less of it for one more unit of another good.
• C)The marginal rate of substitution is measured by the slope of the tangent to the curve.
• D)The curve will shift out if income increases.

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