Which of the following is a characteristic of an indifference curve?
A) Positive slope.
B) Concave shape.
C) Negative slope.
D) Zero slope.

Name: Which of the following is a characteristic of an indifference curve? A) Positive slope. B) Concave shape. C) Negative slope. D) Zero slope.
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Question

Quizplus · Accepted Answer

An indifference curve typically has a negative slope, indicating that as the quantity of one good increases, the quantity of the other good must decrease to maintain the same level of utility.

Which of the Following Is a Characteristic of an Indifference