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The Below Figure Shows the Various Combinations of the Goods

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The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3
The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3    -One explanation for the status quo bias is an aversion to loss.
-One explanation for the status quo bias is an aversion to loss.


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