18. Consumer Choice and Behavioral Economics
Indifference Curves
Multiple Choice
Multiple ChoiceWhich of the following is true about indifference curves?
A
Indifference curves shift outward as income increases
B
When a consumer has more of one good, they are less willing to exchange it for a unit of another good
C
Indifference curves show all combinations of goods that result in the same level of utility
D
Both (a) and (c)
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