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    Exam 3: Utilities Indifference Curves
  5. Question
    Why Is It True That Indifference Curves Farther from the Origin
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Why Is It True That Indifference Curves Farther from the Origin

Question 21

Question 21

Essay

Why is it true that indifference curves farther from the origin contain higher levels of utility?

Correct Answer:

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This rule follows from the nonsatiation ...

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