Multiple Choice
Convexity of indifference curves imply that consumers are willing to
A) give up more "y" to get an extra "x" the more "x" they have.
B) give up more "y" to get an extra "x" the less "x" they have.
C) settle for less of both "x" and "y".
D) acquire more "x" only if they do not have to give up any "y".
Correct Answer:

Verified
Correct Answer:
Verified
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