Multiple Choice
Which of the following is not a property of an indifference curve?
A) An indifference curve is convex to the origin.
B) As you move from one indifference curve to another indifference curve closer to the origin, utility increases.
C) The marginal rate of substitution diminishes as you move down the indifference curve.
D) The consumer is indifferent between any two points on an indifference curve.
Correct Answer:
Verified
Correct Answer:
Verified
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