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Indifference Curves Are Normally

Question 31

Multiple Choice

Indifference curves are normally:


A) convex,which means they approach the horizontal axis as the level of C2 increases.
B) concave,which means they approach the vertical axis as the level of C2 increases.
C) convex,which means they approach the horizontal axis as the level of C1 increases.
D) concave,which means they approach the vertical axis as the level of C1 increases.

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