What Happens When Indifference Curves Are Bowed in Toward the Origin

question 91

Multiple Choice

What happens when indifference curves are bowed in toward the origin

• A)A consumer is less willing to trade away any goods when his income decreases.
• B)A consumer is more willing to trade away goods when his income increases.
• C)A consumer is less willing to trade away goods that he has in abundance than the goods of which he has little.
• D)A consumer is more willing to trade away goods that he has in abundance than the goods of which he has little.

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Definitions:

Autonomic Nervous System

A part of the nervous system that controls involuntary bodily functions, including heart rate, digestion, and respiratory rate.

Weak Emotions

Feelings that are less intense or overwhelming, often more subtle or nuanced in expression.

Sympathetic Nervous System

A part of the autonomic nervous system responsible for mobilizing the body's fight-or-flight response and regulating involuntary bodily functions.

Parasympathetic Nervous System

Part of the autonomic nervous system responsible for the body's rest and digest response, opposite of the sympathetic nervous system.