Which of the Following Is Not a Property of Standard

question 16

Multiple Choice

Which of the following is not a property of standard indifference curves in a leisure-consumption model?

• A) Indifference curves tend to be downward sloping.
• B) Higher indifference curves (to the northeast) indicate higher levels of utility.
• C) Indifference curves tend to be convex to the origin.
• D) There is an indifference curve passing through every leisure-consumption bundle.
• E) Indifference curves intersect one another.

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