An Indifference Curve Cannot Be Positively Sloped Because

question 224

Multiple Choice

An indifference curve cannot be positively sloped because

• A) the law of diminishing marginal utility would be violated.
• B) the substitution effect would be violated.
• C) a point to the right of another point will represent a lower quantity of both goods and a reduction in utility.
• D) a point to the right of another point will represent a higher quantity of both goods and an increase in utility.

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Definitions:

Human-Relations Approach

An approach in organizational management that emphasizes the importance of understanding human motivations, group dynamics, and interpersonal processes in the workplace.

Varied And Interesting

Describes activities, tasks, or content that are diverse and engaging, aimed at maintaining attention and motivation.

Subgoals

Intermediate objectives or steps designed to facilitate the achievement of a primary goal.

Underestimate

To assess something as less important, smaller, or less likely than it actually is.