Post Utme Unilorin 2025 Economics Question 27

Practice objective / multiple choice question 27 from the 2025 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2025 Economics Objective / Multiple Choice
Question 27 POST_UTME_UNILORIN • 2025 • ECONOMICS • objective

A consumer's indifference curve is steeper than another consumer's indifference curve. What can be inferred about the two consumers?

Answer Options

A. The first consumer is more risk-averse than the second consumer.
B. The first consumer is more risk-loving than the second consumer.
Correct Answer C. The first consumer has a higher income than the second consumer.
D. The first consumer has a lower income than the second consumer.
Correct Answer
C
Correct Option:
The first consumer has a higher income than the second consumer.

About This Question

This is Post Utme Unilorin 2025 Economics Question 27. It is one of the objective questions from the 2025 Post Utme Unilorin Economics examination.

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