Why Do Convex Indifference Curves Have a Negative Slope

question 184

Multiple Choice

Why do convex indifference curves have a negative slope?

• A) because consumers take market prices as given
• B) because consumers face a budget constraint
• C) because to keep utility constant, a consumer must get more of one good if she is to give up some of the other
• D) because scarcity implies that it is not possible to consume more of one good without giving up some of the other

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Definitions:

Primary Sex Characteristics

The main organs and structures directly involved in reproduction.

Menarche

A primary sex characteristic in females; a female’s first menstrual period, which signals the ability to reproduce sexually.

Genetic Influences

The impact that the genetic makeup of an individual has on their traits, behavior, and susceptibility to certain conditions.

Hormonal Influences

The effect that hormones have on bodily functions, mood, behavior, and overall health, often influencing growth, metabolism, sexual function, and mood.