Which of the following is characteristic of indifference curves?
a. They are negatively sloped.
b. They never intersect.
c. They are convex toward the origin.
d. All of the above are correct.
d
You might also like to view...
A change in ________ causes a change in ________ and therefore a change in ________
A) cost; demand; price B) price; demand; supply C) supply; price; demand D) demand; price; cost
Under what conditions should a competitive firm shut down in the short run?
What will be an ideal response?
If real GDP in Korea amounted to 448.3 trillion wons in 1999 and 473.7 trillion wons in 2000 . compute the growth experienced by this country in 2000?
a. 5.4% b. 5.66% c. 2.54% d. -1.05% e. -9.4%
________ is the movement of people from one country to another country in which they plan to reside for some noticeable period of time.
A. International migration B. Denationalization C. Internal migration D. International transfer