Indifference curves are linear, and budget lines are convex to the origin.

Name: Indifference curves are linear, and budget lines are convex to the origin.
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Question

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Indifference curves are typically convex to the origin because they represent increasing marginal substitution rates, while budget lines are linear, representing a constant trade-off between goods given the budget constraint and prices.

Indifference Curves Are Linear, and Budget Lines Are Convex to the Origin