Consumers always prefer indifference curves that are ____ the origin.
A) closer to
B) tangent to
C) farther from
D) concave relative to

Name: Consumers always prefer indifference curves that are ____ the origin. A) closer to B) tangent to C) farther from D) concave relative to
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Question

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Consumers prefer higher levels of both goods, which are represented by points that are farther away from the origin on the indifference curve.

Consumers Always Prefer Indifference Curves That Are ____ the Origin