Q
Which of the following statements is not true with regard to the standard properties of indifference curves ?
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A
A. Indifference curves are downward sloping
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B
B. Indifference curves are bowed outward
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C
C. Indifference curves do not cross each other
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D
D. Higher indifference curve is preferred to lower ones
Correct Answer:
B. B. Indifference curves are bowed outward