Post Utme Unn 2017 Commerce Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Unn Commerce examination.

Post Utme Unn 2017 Commerce Objective / Multiple Choice
Question 29 POST_UTME_UNN • 2017 • COMMERCE • objective

A consumer's indifference curve is upward-sloping when?

Answer Options

A. the consumer is a risk-averse individual
B. the consumer is a risk-neutral individual
Correct Answer C. the consumer is a risk-prone individual
D. the consumer is a perfect substitute for the good
Correct Answer
C
Correct Option:
the consumer is a risk-prone individual

About This Question

This is Post Utme Unn 2017 Commerce Question 29. It is one of the objective questions from the 2017 Post Utme Unn Commerce examination.

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