Post Utme Osustech 2018 Economics Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Osustech Economics examination.

Post Utme Osustech 2018 Economics Objective / Multiple Choice

Question 12 POST_UTME_OSUSTECH • 2018 • ECONOMICS • objective

A consumer's indifference curve is steeper than another consumer's indifference curve. This implies that the first consumer

Answer Options

Correct Answer A. has a higher marginal rate of substitution

B. has a lower marginal rate of substitution

C. has a higher income

D. has a lower income

Correct Answer

Correct Option:

has a higher marginal rate of substitution

About This Question

This is Post Utme Osustech 2018 Economics Question 12. It is one of the objective questions from the 2018 Post Utme Osustech Economics examination.

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