Post Utme Delsu 2024 Economics Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Delsu Economics examination.

Post Utme Delsu 2024 Economics Objective / Multiple Choice
Question 17 POST_UTME_DELSU • 2024 • ECONOMICS • objective
Post Utme Delsu 2024 Economics Question 17 diagram

A consumer's indifference curve is a graphical representation of the various combinations of two goods that the consumer is willing and able to purchase at a given price level. Which of the following is a correct statement about indifference curves?

Answer Options

Correct Answer A. Indifference curves are downward-sloping and convex to the origin.
B. Indifference curves are upward-sloping and concave to the origin.
C. Indifference curves are downward-sloping and concave to the origin.
D. Indifference curves are upward-sloping and convex to the origin.
Correct Answer
A
Correct Option:
Indifference curves are downward-sloping and convex to the origin.

About This Question

This is Post Utme Delsu 2024 Economics Question 17. It is one of the objective questions from the 2024 Post Utme Delsu Economics examination.

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