Which of the following statements about indifference curves is not true?
A)The consumer is indifferent among the combinations illustrated along a given curve.
B)Every indifference curve intersects the consumer's budget line at least once.
C)Indifference curves slope downward.
D)Indifference curves are concave (bowed in toward the origin).
E)Indifference curves do not intersect.

Question

Quizplus · Accepted Answer

Indifference curves do not necessarily intersect the consumer's budget line; they can be entirely above or below it.

Which of the Following Statements About Indifference Curves Is Not