Multiple Choice
Figure 5-13
-If the slope of an indifference curve between two goods decreases as we move from left to right (dropping all minus signs) , we infer that the consumer
A) is less willing to trade away a good when he has a lot of it.
B) is more willing to trade away a good when he has a lot of it.
C) always tries to keep the percentage of his budget spent on each good constant.
D) views one of the goods as inferior.
Correct Answer:

Verified
Correct Answer:
Verified
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