Multiple Choice
Consider the following three market baskets:Table 3.1
-Goods that are considered "bads" have this characteristic:
A) their marginal rates of substitution are constant.
B) for those goods, less is preferred to more.
C) preferences for those goods are not complete.
D) those goods have horizontal or vertical indifference curves.
Correct Answer:

Verified
Correct Answer:
Verified
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