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Author Question: Moving along an indifference curve, if a consumer requires a large amount of the good measured along ... (Read 145 times)

iveyjurea

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on: May 24, 2019
Moving along an indifference curve, if a consumer requires a large amount of the good measured along the y-axis to make up for one unit less of the good measured on the x-axis, then
◦ total utility is increasing.
◦ the marginal rate of substitution is low and the indifference curve is flat.
◦ the marginal rate of substitution is low and the indifference curve is steep.
◦ the marginal rate of substitution is high and the indifference curve is steep.
◦ the marginal rate of substitution is high and the indifference curve is flat.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by iveyjurea on May 24, 2019

Tonyam972

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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iveyjurea

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Reply #2 on: May 24, 2019
Thanks


Tonyam972

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Reply #3 on: May 24, 2019
Welcome :)


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