Solved

If a Nation Has a Steeper Indifference Curve Relative to That

Question 8

Multiple Choice

If a nation has a steeper indifference curve relative to that of another nation it means that


A) it has stronger tastes and preferences for good Y
B) it has stronger tastes and preferences for good X
C) it has a higher opportunity costs for good Y
D) it has a higher opportunity costs for good X

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions