Which of the Following Does Not Affect the Shape of a Consumer's

question 6

Multiple Choice

Which of the following does not affect the shape of a consumer's indifference curves?

• A) Age.
• B) Education.
• C) Tastes.
• D) Prices.
• E) Advertising.

---

Definitions:

Acid-Test Ratio

A financial ratio indicating a firm's capacity to settle short-term debts without having to sell its stock.

Marketable Securities

Financial instruments that can be easily converted to cash, such as stocks, bonds, and Treasury bills.

Earnings Per Share

A metric used to measure a company’s profitability, calculated as the company's net profit divided by the number of outstanding shares.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenues.