If there are only two goods, if more of good 1 is always preferred to less, and if less of good 2 is always preferred to more, then indifference curves
A)slope downward.
B)slope upward.
C)may cross.
D)could take the form of ellipses.
E)None of the above.

Question

Quizplus · Accepted Answer

If more of good 1 is preferred and less of good 2 is preferred, the indifference curves will slope upward, as increasing good 1 and decreasing good 2 will keep the consumer on the same level of utility.

If There Are Only Two Goods, If More of Good