Multiple Choice
Convexity of indifference curves implies that _____.
A) the marginal utility of a good decreases as the consumer moves along the indifference curve
B) the total utility decreases as the consumer moves downward along the indifference curve
C) the marginal utility along the indifference curve remains constant
D) the total utility increases as the consumer moves downward along the indifference curve
Correct Answer:

Verified
Correct Answer:
Verified
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