Which of the Following Is Not True of All Indifference

question 66

Multiple Choice

Which of the following is not true of all indifference curves?

• A)they slope downward
• B)the point at which one indifference curve intersects another represents an optimal consumption basket
• C)they are bowed toward the origin
• D)they can intersect with a budget constraint one or more times

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Definitions:

Archetype

In psychology, a universally understood symbol or pattern of behavior, often derived from myths and collectively inherited unconscious.

Supraordinate

An overarching or superior category or classification that encompasses more specific items related to a broader concept.

Unconscious Elements

Aspects of the mind that are not within one's conscious awareness, influencing thoughts, feelings, and behaviors.

Ego

A part of the mind that mediates between conscious and unconscious thoughts, balancing the demands of the id, superego, and reality.