Figure 7-17
-With regard to the characteristics of production indifference curves, which of the following statements is/are NOT true?
A)Higher curves correspond to larger outputs.
B)An indifference curve will generally have a negative slope.
C)An indifference curve is typically assumed to curve inward toward the origin near its middle.
D)All of the responses are true for production indifference curves.

Question

Figure 7-17 
-With regard to the characteristics of production indifference curves, which of the following statements is/are NOT true?
A)Higher curves correspond to larger outputs. 
B)An indifference curve will generally have a negative slope. 
C)An indifference curve is typically assumed to curve inward toward the origin near its middle. 
D)All of the responses are true for production indifference curves.

Quizplus · Accepted Answer

All of the responses are true for production indifference curves.

Figure 7-17 -With Regard to the Characteristics of Production Indifference Curves, Which