McqMate
| Q. |
Why is indifference curve convex to origin? |
| A. | Due to law of diminishing marginal utility |
| B. | Due to monotonic preferences |
| C. | Due to continuous decline of |
| D. | Both a and b |
| Answer» C. Due to continuous decline of | |
View all MCQs in
Intermediate Micro Economics 1No comments yet