Each of the Following Are Characteristics of a Typical Indifference

question 176

Multiple Choice

Each of the following are characteristics of a typical indifference curve map except

• A)moving northeast to a new indifference curve will increase utility.
• B)points on the same indifference curve yield equal utility.
• C)the axes represent levels of utility for each of the goods.
• D)indifference curves cannot cross.

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