1.3 Show that an indifference curve a. Cannot be thick (cannot have positive thickness, rather than being...

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1.3 Show that an indifference curve

a. Cannot be thick (cannot have positive thickness, rather than being just a line).

b. Cannot bend backward (forming a “hook” at the end).

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Managerial Economics And Strategy

ISBN: 9780135640944

2nd Global Edition

Authors: Jeffrey M. Perloff, James A. Brander

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