Post Utme Summit University 2020 Commerce Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Summit University Commerce examination.

Post Utme Summit University 2020 Commerce Objective / Multiple Choice
Question 18 POST_UTME_SUMMIT_UNIVERSITY • 2020 • COMMERCE • objective

A consumer's indifference curve is downward-sloping because

Answer Options

Correct Answer A. The consumer is willing to trade off one good for another.
B. The consumer is unwilling to trade off one good for another.
C. The consumer is indifferent between the two goods.
D. The consumer is willing to consume more of both goods.
Correct Answer
A
Correct Option:
The consumer is willing to trade off one good for another.

About This Question

This is Post Utme Summit University 2020 Commerce Question 18. It is one of the objective questions from the 2020 Post Utme Summit University Commerce examination.

View More Post Utme Summit University 2020 Commerce Questions More Post Utme Summit University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support