Indifference curves are downward sloping because of the assumption of
A) completeness.
B) transitivity.
C) more is better.
D) All of the above.
Answer: more is better.
Indifference curves are downward sloping because of the assumption of
A) completeness.
B) transitivity.
C) more is better.
D) All of the above.
Answer: more is better.