The Shape of a Person's Indifference Curves Between Two Goods

question 4

Multiple Choice

The shape of a person's indifference curves between two goods depends on

• A)the prices of the two goods.
• B)the person's income.
• C)the degree of substitutability between the two goods.
• D)the level of satisfaction for the person.
• E)the person's income and the prices of the two goods.

---

Definitions:

Tropical Rain Forest

A hot, moist biome found near Earth's equator characterized by high levels of rainfall and biodiversity.

Savannah

A mixed ecosystem characterized by the coexistence of trees and grassland, often found in regions with seasonal rainfall patterns.

Food Web

A complex interconnection of all the food chains in an ecosystem.

Food Chain

A sequence that displays the feeding relationships between organisms, showing how energy and nutrients flow from one organism to another.