Indifference curves have a negative slope when
A) the consumer likes good X but dislikes good Y.
B) the consumer likes good Y but dislikes good X .
C) the consumer likes both good X and good Y .
D) the consumer dislikes both goods.

Question

Indifference curves have a negative slope when
A) the consumer likes good X but dislikes good Y.
B) the consumer likes good Y  but dislikes good X .
C) the consumer likes both good X and good Y .
D) the consumer dislikes both goods.

Quizplus · Accepted Answer

Indifference curves have a negative slope when the consumer derives utility from both goods, meaning they are willing to give up some of one good to gain more of the other while maintaining the same level of satisfaction.

Indifference Curves Have a Negative Slope When