Post Utme Futa 2019 Economics Question 1

Practice objective / multiple choice question 1 from the 2019 Post Utme Futa Economics examination.

Post Utme Futa 2019 Economics Objective / Multiple Choice

Question 1 POST_UTME_FUTA • 2019 • ECONOMICS • objective

A consumer's indifference curve is downward sloping. Which of the following is a consequence of this?

Correct Answer A. The consumer is willing to give up more of one good to get more of another.

B. The consumer is willing to give up less of one good to get more of another.

C. The consumer is indifferent between two bundles of goods.

D. The consumer is willing to give up the same amount of one good to get more of another.

Correct Answer

Correct Option:

The consumer is willing to give up more of one good to get more of another.

This is Post Utme Futa 2019 Economics Question 1. It is one of the objective questions from the 2019 Post Utme Futa Economics examination.

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