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    Exam 31: Understanding Direct and Inverse Relationships between Variables
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    An Indifference Map States
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An Indifference Map States

Question 47

Question 47

Multiple Choice

An indifference map states:


A) indifference curves farther from the origin yield higher levels of total utility.
B) that the consumer's income varies with the level of the indifference curve.
C) indifference curves closer to the origin yield higher levels of total utility.
D) that the points on either parts of indifference curves are preferred to the midpoint.

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