MCQOPTIONS
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| 1. |
Which one of the following is not the basic property of indifference curves ? |
| A. | Indifference curves have a negative slope. |
| B. | Indifference curves of imperfect substitutes are concave to the origin. |
| C. | Indifference curves do not intersect nor are they tangent to one another. |
| D. | Upper indifference curves indicate higher level of satisfaction. |
| Answer» C. Indifference curves do not intersect nor are they tangent to one another. | |