=+Suppose averages are just as good as extremes? What would an indifference curve look like? Would it

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=+Suppose averages are just as good as extremes? What would an indifference curve look like? Would it still imply diminishing marginal rates of substitution?

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 02, 2024 06:00 AM

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=+Suppose averages are just as good as extremes? What would an indifference curve look like? Would it still imply diminishing marginal rates of substitution?
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=+Suppose extremes are better than averages. What would an indifference curve look like? Would it still imply diminishing marginal rates of substitution?
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=+Suppose averages are just as good as extremes? What would an indifference curve look like? Would it

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Microeconomics An Intuitive Approach With Calculus

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