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    Intermediate Microeconomics Study Set 1
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    Exam 2: Preferences-Part B
  5. Question
    Charlie's Indifference Curves Have the Equation X<sub>B</sub> = Constant/x<sub>A</sub>, Where
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Charlie's Indifference Curves Have the Equation XB = Constant/xA, Where

Question 2

Question 2

Multiple Choice

Charlie's indifference curves have the equation xB = constant/xA, where larger constants correspond to better indifference curves.Charlie strictly prefers the bundle (6, 15) to the bundle


A) (15, 6) .
B) (7, 14) .
C) (11, 13) .
D) All of the above.
E) None of the above.

Correct Answer:

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