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Question

The figures depicts indifference curves.
Which of the above figures of an indifference curve is most relevant to the consumer?
954679_2523762eb6e24867abc9c947effa98ed.jpg

A
Figure F.1
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B
Figure F.2
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C
Figure F.3
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D
Figure F.4
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Solution

The correct option is D Figure F.4
Normal and most relevant IC are convex to the origin, which is represented in figure F.4.

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