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    Microeconomics Study Set 49
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    Exam 3: Consumer Preferences and the Concept of Utility
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    Indifference Curves That Intersect Are Said to Be
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Indifference Curves That Intersect Are Said to Be

Question 22

Question 22

Multiple Choice

Indifference curves that intersect are said to be:


A) irrational.
B) non-transitive.
C) inconsistent with our basic assumptions about preferences.
D) complete, but not consistent.

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