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    Intermediate Microeconomics Study Set 1
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    Exam 2: Preferences-Part A
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    If There Are Two Goods, If a Consumer Prefers More
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If There Are Two Goods, If a Consumer Prefers More

Question 22

Question 22

True/False

If there are two goods, if a consumer prefers more of each good to less, and if she has a diminishing marginal rate of substitution, then her preferences are convex.

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