Multiple Choice
If Fred's marginal utility of pizza equals 10 and his marginal utility of salad equals 2,then we know that
A) his indifference curves are convex.
B) his indifference curves are L-shaped.
C) his indifference curves are linear.
D) his indifference curves are downward sloping.
Correct Answer:
Verified
Correct Answer:
Verified
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