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The Firm Manager with Indifference Curves Which Are Convex from the Origin

Question 27

Multiple Choice

The firm manager with indifference curves which are convex from the origin (output on the horizontal axis and profit on the vertical axis) views:


A) only profits to be "goods."
B) only outputs to be "goods."
C) both profits and outputs to be "goods."
D) None of the preceding statements is correct.

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