Multiple Choice
Which of the following is not a property of indifference curves?
(i) indifference curves do not cross
(ii) indifference curves are bowed inward toward the origin
(iii) lower indifference curves are preferable to higher indifference curves
A) (i) only
B) (i) and (ii)
C) (i) and (iii)
D) (ii) and (iii)
Correct Answer:
Verified
Correct Answer:
Verified
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