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Point of Inflection

Indifference ...

Question

Indifference curves are always ________.

A

convex to the origin

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B

concave to the origin

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C

parallel to the X-Axis

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D

parallel to the Y-Axis

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Solution

The correct option is C convex to the origin
Indifference curves are convex. This means the are downward sloping. Indifference curves will only be concave if the good are inferior.

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