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If Leisure Is Drawn on the Horizontal Axis and Labor

Question 1

Multiple Choice

If leisure is drawn on the horizontal axis and labor is drawn on the vertical axis,then a person who attaches more importance to leisure than to labor will have indifference curves that:


A) tend to be steeper.
B) tend to be flatter.
C) will be positively-sloped.
D) will be L-shaped.

Correct Answer:

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