One Important Difference Between Indifference Curves and Isoquants Is That

question 94

Multiple Choice

One important difference between indifference curves and isoquants is that:

• A)indifference curves are convex while isoquants are concave to the origin.
• B)indifference curves can never intersect while isoquants can intersect.
• C)output shown on isoquants is measurable while well-being shown on indifference curves is not.
• D)indifference curves are likely to be positively sloped while isoquants are mostly negatively sloped.

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