=+True/False: When there are multiple best bundles due to non-convexities in tastes, the set of best bundles

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=+True/False: When there are multiple “best” bundles due to non-convexities in tastes, the set of “best”

bundles is also non-convex (assuming convex choice sets).

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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 04, 2024 02:00 AM

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=+True/False: When there are multiple best bundles due to non-convexities in tastes, the set of best bundles is also non-convex (assuming convex choice sets).
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=+then be multiple best bundles, but we can be sure that the set of best bundles is a convex set.
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=+True/False: When there are multiple best bundles due to non-convexities in tastes, the set of best bundles

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Microeconomics An Intuitive Approach With Calculus

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