Indifference Curves Are Convex to the Origin Because Of

question 21

Multiple Choice

Indifference curves are convex to the origin because of:

• A) transitivity of consumer preferences.
• B) the assumption of a diminishing marginal rate of substitution.
• C) the assumption that more is preferred to less.
• D) the assumption of completeness.
• E) none of the above

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The authority of a state to acknowledge and accept the legal existence of another state or government.

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The practice of altering the borders of voting districts to benefit a particular political party or social group.

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