The Slope of the Indifference Curves in Figure 21

question 24

Multiple Choice

The slope of the indifference curves in Figure 21.1 reveals the assumption that:

• A) wages and education are both bads.
• B) workers do not consider the impact on wages when deciding to pursue an education.
• C) the costs of time and effort to get an education outweigh the pleasure of learning.
• D) getting an education provides only benefits and no costs.