Post Utme Oau 2019 Economics Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Oau Economics examination.

Post Utme Oau 2019 Economics Objective / Multiple Choice
Question 19 POST_UTME_OAU • 2019 • ECONOMICS • objective

A consumer's indifference curve is downward sloping and convex to the origin. What does this imply about the consumer's preferences?

Answer Options

A. The consumer prefers more of good X to good Y.
B. The consumer prefers more of good Y to good X.
Correct Answer C. The consumer is indifferent between good X and good Y.
D. The consumer prefers a combination of both goods X and Y.
Correct Answer
C
Correct Option:
The consumer is indifferent between good X and good Y.

About This Question

This is Post Utme Oau 2019 Economics Question 19. It is one of the objective questions from the 2019 Post Utme Oau Economics examination.

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