Which of the Following Is True

question 13

Multiple Choice

Which of the following is true?

• A) Indifference curves may intersect.
• B) At a point of consumer equilibrium, the MRS always equals 1.
• C) If income increases, a consumer will always consume more of a good.
• D) None of the statements is correct.

Recognize the significance and challenges of different research settings and participant sampling strategies.

Appreciate the contributions of significant figures and milestones in the history and development of psychology.

Understand the principles of causality and the research designs capable of inferring cause-and-effect relationships.

Acknowledge the role of skepticism and critical thinking in the scientific process and research validity.