Post Utme Rsu 2024 Economics Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Rsu Economics examination.

Post Utme Rsu 2024 Economics Objective / Multiple Choice

Question 29 POST_UTME_RSU • 2024 • ECONOMICS • objective

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

A. The consumer prefers more of both goods.

Correct Answer B. The consumer prefers less of both goods.

C. The consumer is indifferent between the two goods.

D. The consumer prefers one good over the other.

Correct Answer

Correct Option:

The consumer prefers less of both goods.

This is Post Utme Rsu 2024 Economics Question 29. It is one of the objective questions from the 2024 Post Utme Rsu Economics examination.

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