An indifference curve typically:
A)slopes downward.
B)shows combinations of two goods that yield equal money income.
C)slopes upward.
D)has a concave shape.

Name: An indifference curve typically: A)slopes downward. B)shows combinations of two goods that yield equal money income. C)slopes upward. D)has a concave shape.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

An indifference curve typically slopes downward, showing the various combinations of two goods that yield the same level of utility or satisfaction.

An Indifference Curve Typically