Which of the Following Is Correct

question 287

Multiple Choice

Which of the following is correct?

• A)Budget lines are linear and upsloping; indifference curves are downsloping and concave to the origin.
• B)Budget lines are linear and downsloping; indifference curves are downsloping and concave to the origin.
• C)Budget lines are linear and downsloping; indifference curves are downsloping and convex to the origin.
• D)Budget lines are downsloping and convex to the origin; indifference curves are linear and downsloping.

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Definitions:

Correlate

To possess a reciprocal relationship or link, where one element influences or relies upon another.

Measures

Tools or instruments used to quantify or categorize variables, typically for the purpose of research or assessment.

Test Validity

The degree to which a test accurately measures what it intends to measure.

Hypothetical Constructs

Theoretical entities or concepts that are not directly observable but are used to explain or predict behavior or phenomena.