मराठी

"Higher indifference curve represents fewer quantities of one or both goods, a higher indifference curve shows higher utility level." Choose the correct option for the above mentioned statement: -

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प्रश्न

"Higher indifference curve represents fewer quantities of one or both goods, a higher indifference curve shows higher utility level." Choose the correct option for the above mentioned statement:

पर्याय

  • True

  • False

  • Partially false

  • Partially false

MCQ
चूक किंवा बरोबर

उत्तर

False

Explanation:

When a company has a monopoly, it confronts a downward-sloping demand curve from left to right. It means that a monopoly corporation can only sell more at a cheaper price.

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Indifference Curve
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