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4/11/20

[Answer] Which of the following is not a characteristic of indifference curves?A) Indifference curves cannot intersect.B) Indifference curves are usually bowed in or convex.C) The slope of an indifference curve is negative. D) The closer to the origin the greater the utility level.

Answer: D




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Which of the following is not a characteristic of indifference curves?A) Indifference curves cannot intersect.B) Indifference curves are usually bowed in or convex.C) The slope of an indifference curve is negative. D) The closer to the origin the greater the utility level. Which of the following is not a characteristic of indifference curves? A) Indifference curves cannot intersect. B) Indifference curves are usually bowed in or convex. C) The slope of an indifference curve is negative. D) The closer to the origin the greater the utility level . Start studying Econ Test Part 3. Learn vocabulary terms and more with flashcards games and other study tools. ... Which of the following is not characteristic of indifference curves ? Curves closer to the origin reflect higher levels of total utility . 14) Which of the following is not a characteristic of indifference curves? A) Indifference curves cannot intersect. B) Indifference curves are usually bowed in or convex. C) The slope of an indifference curve is negative. D) The closer to the origin the greater the utility level . Figure 10-4. 15) Refer to Figure 10-4. Given the budget ... 36) Which of the following is not a characteristic of indifference curves? A) Indifference curves cannot intersect. B) Indifference curves are usually bowed in or convex. C) The slope of an indifference curve is negative. D) The closer to the origin the greater the utilit...

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