Examlex
Which of the following statements related to tickler files is false?
Basic Assumptions
Foundational beliefs or principles that are accepted as true without proof, forming the basis of further argument or reasoning.
Indifference Curve
A graph showing different combinations of two goods that provide equal satisfaction and utility to a consumer.
Marginal Rates of Substitution
The speed at which a buyer is prepared to sacrifice one item for another while keeping their satisfaction constant.
Bads
Are items that people do not desire to have, opposite to goods, which have a negative impact on utility when consumed.
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