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    Exam 21: The Theory of Consumer Choice
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    When We Draw Katie's Indifference Curves to Represent Her Preferences
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When We Draw Katie's Indifference Curves to Represent Her Preferences

Question 35

Question 35

Essay

When we draw Katie's indifference curves to represent her preferences for books and movies, we find that her indifference curves are upward-sloping. What does this tell us about Katie's preferences?

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Either Katie dislike...

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