18. Consumer Choice and Behavioral Economics
Indifference Curves
18. Consumer Choice and Behavioral Economics
Indifference Curves
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Which of the following is true about indifference curves?
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At different points along an indifference curve,
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If the marginal rate of substitution is equal to 2 at a point on an indifference curve, then the consumer would:
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Why do indifference curves generally slope downward?
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