If an Individual's Indifference Curve Map Does Not Obey the Assumption

question 10

Multiple Choice

If an individual's indifference curve map does not obey the assumption of a diminishing MRS,then

• A)the individual will not maximize utility.
• B)the individual will buy none of good X.
• C)tangencies of indifference curves to the budget constraint may not be points of utility maximization.
• D)the budget constraint cannot be tangent to an appropriate indifference curve.

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