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Which convexity of indifference curves imply

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Reference no: EM132612956

Question 1: Convexity of indifference curves imply that consumers are willing to

Select one:

a. acquire more "x" only if they do not have to give up any "y".

b. give up more "y" to get an extra "x" the less "x" they have.

c. give up more "y" to get an extra "x" the more "x" they have.

d. settle for less of both "x" and "y".

Reference no: EM132612956

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