An Indifference Curve Is Negatively-Sloped Because

question 41

Multiple Choice

An indifference curve is negatively-sloped because:

• A)utility is a subjective concept.
• B)as the consumer obtains additional units of one good, the consumer is willing to sacrifice increasing amounts of the other good.
• C)in order to remain at the same level of utility, if an individual gets more of one good, he must sacrifice some of the other good.
• D)marginal utility is constant along an indifference curve, and increases in the consumption of one good cause the price of that good to fall.

---

Definitions:

Socio-Emotional Selectivity Theory

The theory that older people prioritize regulation of their own emotions and seek familiar social contacts who reinforce generativity, pride, and joy.

Generativity

A concern for establishing and guiding the next generation, typically observed during middle adulthood.

Regulation

The act of controlling or governing according to rules or laws.

Conflicts

Instances of disagreement or contention, which can occur between individuals, groups, or nations and may have various causes such as competition, differences in values, or resource scarcity.