

MCQOPTIONS
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1. |
Which of the following statements is not true with regard to the standard properties of indifference curves ? |
A. | Indifference curves are downward sloping |
B. | indifference curves are bowed outward |
C. | Indifference curves do not cross each other |
D. | Higher indifference curve is preferred to lower ones |
Answer» C. Indifference curves do not cross each other | |