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When an Individual's Consumption of an Additional Unit of a Good

Question 143

Multiple Choice

When an individual's consumption of an additional unit of a good generates a smaller increase in total utility than the previous unit consumed,this person's indifference curve will be:


A) a straight line.
B) convex,or bowed toward the origin.
C) concave,or bowed away from the origin.
D) a right angle.

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