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    Exam 6: Consumer Choice Theory
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    The Negative Slope of an Indifference Curve Means That the Consumer
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The Negative Slope of an Indifference Curve Means That the Consumer

Question 115

Question 115

Multiple Choice

The negative slope of an indifference curve means that the consumer must give up quantity of one good as the quantity of another good increases in order for total utility to ____.


A) remain constant.
B) increase
C) decrease
D) normalize.

Correct Answer:

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