Multiple Choice
What happens when indifference curves are bowed in toward the origin
A) A consumer is less willing to trade away any goods when his income decreases.
B) A consumer is more willing to trade away goods when his income increases.
C) A consumer is less willing to trade away goods that he has in abundance than the goods of which he has little.
D) A consumer is more willing to trade away goods that he has in abundance than the goods of which he has little.
Correct Answer:

Verified
Correct Answer:
Verified
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