An Indifference Curve Cannot Be Positively Sloped Because

question 224

Multiple Choice

An indifference curve cannot be positively sloped because

• A) the law of diminishing marginal utility would be violated.
• B) the substitution effect would be violated.
• C) a point to the right of another point will represent a lower quantity of both goods and a reduction in utility.
• D) a point to the right of another point will represent a higher quantity of both goods and an increase in utility.