Multiple Choice
When indifference curves are bowed in toward the origin,
A) a consumer is less inclined to trade away goods they are lacking.
B) a consumer's willingness to trade away goods they have in abundance diminishes.
C) an increase in income will shift the indifference curve away from the origin.
D) a decrease in income will shift the indifference curve away from the origin.
Correct Answer:

Verified
Correct Answer:
Verified
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