Indifference Curves Are Normally

question 46

Multiple Choice

Indifference curves are normally:

• A)convex,which means they approach the horizontal axis as the level of C₂ increases.
• B)concave,which means they approach the vertical axis as the level of C₂ increases.
• C)convex,which means they approach the horizontal axis as the level of C₁ increases.
• D)concave,which means they approach the vertical axis as the level of C₁ increases.

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