Mathematics, 18.11.2019 17:31 freddhendrickss
Explain why two indifference curves cannot intersect. if two indifference curves intersect, then a. they violate the assumption that more is better than less. b. a consumer will not have convex indifference curves. c. they violate the assumption of transitivity. d. both transitivity and the more is better than less assumptions are violoated. e. they violate the assumption of completeness.
Answers: 3
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