That Indifference Curves Are Downward Sloping

question 22

Multiple Choice

That indifference curves are downward sloping

• A)follows from the property that consumption and leisure are normal goods.
• B)follows from the fact that there is a direct relationship between consumption and leisure bundles.
• C)follows from the property that the consumer likes diversity in his or her consumption bundle.
• D)follows from the fact that more is preferred to less.
• E)is not true.

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Definitions:

Affiliation

The need to form connections with others or the act of associating with a group or organization.

Achievement Needs

The drive to pursue and meet goals for personal success and excellence.

Rorschach Ink Blot

A projective psychological test consisting of inkblots presented to a person, who is asked to describe what they see, used to assess personality structure and emotional functioning.

Achievement Motive

A psychological construct that drives an individual to pursue and attain goals.