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6. If an individual's indifference curves do not obey the assumption of diminishing MRS: then it is always true that {a} the individual will not
6. If an individual's indifference curves do not obey the assumption of diminishing MRS: then it is always true that {a} the individual will not maximize utility {b} the individual will buy none of good X {c} the tangency of indifference curves to the budget constraint may not give a con- sumption bundle that maximizes utility CORRECT ANSWER (d) the budget constraint cannot be tangent to an appropriate indifference curve
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