Post Utme Uniosun 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_UNIOSUN • 2018 • ECONOMICS • objective

A consumer's budget constraint is a straight line. What does this imply about the consumer's preferences?

Answer Options

A. The consumer is risk-neutral.
Correct Answer B. The consumer is risk-averse.
C. The consumer is risk-seeking.
D. The consumer is indifferent to risk.
Correct Answer
B
Correct Option:
The consumer is risk-averse.

About This Question

This is Post Utme Uniosun 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Uniosun Economics examination.

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