That Indifference Curves Are Bowed in Toward the Origin

question 37

Multiple Choice

That indifference curves are bowed in toward the origin

• A)follows from the property that the consumer likes diversity in his or her consumption bundle.
• B)follows from the fact that there is a direct relationship between consumption and leisure bundles.
• C)follows from the property that consumption and leisure are normal goods.
• D)is not true.
• E)follows from the fact that more is preferred to less.

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