If indifference curves are upward sloping,this violates the assumption that preferences
A) are complete
B) are transitive.
C) require that more to be better.
D) Upward sloping indifference curves do not violate any of the assumptions about preferences.

Question

Quizplus · Accepted Answer

Indifference curves are typically downward sloping because they represent combinations of goods that provide the same level of utility. If they were upward sloping, it would imply that more of both goods is not better, violating the assumption that more is better.

If Indifference Curves Are Upward Sloping,this Violates the Assumption That