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Concern the CES Utility Function

Question 10

Multiple Choice

concern the CES utility function: concern the CES utility function: -For this utility function smaller values for Imply:​ A) ​increasingly concave indifference curves. B) ​increasingly convex indifference curves. C) ​indifference curves that are convex,linear,and then concave. D) ​indifference curves that are concave,linear,and then convex.
-For this utility function smaller values for concern the CES utility function: -For this utility function smaller values for Imply:​ A) ​increasingly concave indifference curves. B) ​increasingly convex indifference curves. C) ​indifference curves that are convex,linear,and then concave. D) ​indifference curves that are concave,linear,and then convex.
Imply:​


A) ​increasingly concave indifference curves.
B) ​increasingly convex indifference curves.
C) ​indifference curves that are convex,linear,and then concave.
D) ​indifference curves that are concave,linear,and then convex.

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