Consider an individual's indifference curves for the consumption of two goods (things you would like to have more of). Following this assumption read the following statements and select the correct one(s).

Question

Answer

The indifference curves cannot have sections that are straight lines.

Answer

The indifference curves are downward-sloping.

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The indifference curves cannot have kinks.

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The indifference curves can sometimes cross.

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Consider an individual's indifference curves for the consumption of two goods (t...

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