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A consumer with convex preferences who is indifferent between the bundles (10,2) and (22,6) will like the bundle (16,4) at least as well as either
A consumer with convex preferences who is indifferent between the bundles (10,2) and (22,6) will like the bundle (16,4) at least as well as either of the first two bundles. True or false? Briefly explain
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
