Which of the Following Is Not True of Edgeworth Box

question 1

Multiple Choice

Which of the following is not true of Edgeworth Box Diagrams?

• A)Smooth convex indifference curves indicate Pareto optimalities.
• B)Indifference curves are convex to the appropriate origin.
• C)Their dimensions reflect the available quantities of two goods.
• D)Each point indicates a consumption bundle.

---

Definitions:

Unconditionally

Without any conditions or limitations.

Liquefied Natural Gas

Natural gas that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport.

Variable Rate

A variable rate refers to an interest rate that changes periodically over the life of a loan or financial instrument based on an underlying benchmark interest rate or index.

Mortgage Notes

Legal documents that bind a borrower to repay a lender for a property loan, detailing the terms of the loan agreement.