Which of the Following Is Not a Characteristic of Indifference

question 68

Multiple Choice

Which of the following is not a characteristic of indifference curves?

• A)They are negatively sloped.
• B)They never intersect.
• C)They are concave toward the origin.
• D)Combinations of goods that include more of both goods are preferred, on a higher indifference curve.

---

Definitions:

Predict

To make an informed guess about the future state or outcome based on current data or patterns.

Regression Equation

An equation that represents the relationship between a dependent variable and one or more independent variables.

Correlation Coefficient

A numerical measure that indicates the strength and direction of a linear relationship between two variables.

Transforming R

The process of converting correlation coefficients to a different scale or measure to facilitate analysis or interpretation.