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JZ240 JZ240
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A year ago
Given a particular consumer's indifference map, the further the indifference curve is from the origin,

▸ the higher the marginal rate of substitution.

▸ the more goods are included.

▸ the lower the level of satisfaction.

▸ the higher the level of satisfaction.

▸ the lower the marginal rate of substitution.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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mmorris1537mmorris1537
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A year ago
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