All of the Following Are Properties of Typical Indifference Curves

question 392

Multiple Choice

All of the following are properties of typical indifference curves except

• A)higher indifference curves are preferred to lower ones.
• B)indifference curves are downward sloping.
• C)indifference curves do not cross.
• D)indifference curves are bowed outward.

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Definitions:

Mixed Fraction

A number consisting of an integer and a proper fraction (e.g., 3 1/2).

Whole Number

Non-negative integers, including zero, without fractions or decimals, representing complete units.

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Dilantin

A brand name for phenytoin, a medication used to control seizures by slowing down impulses in the brain.