Which of the following is not a property of standard indifference curves in a leisure-consumption model?
A) Indifference curves tend to be downward sloping.
B) Higher indifference curves (to the northeast) indicate higher levels of utility.
C) Indifference curves tend to be convex to the origin.
D) There is an indifference curve passing through every leisure-consumption bundle.
E) Indifference curves intersect one another.
Correct Answer:
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