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Explain whyr an individual's indifference curves cannot intersect. [5 points) How can you identify the optimal consumption point given an indifference curve map and a
Explain whyr an individual's indifference curves cannot intersect. [5 points) How can you identify the optimal consumption point given an indifference curve map and a budget line? (10 points}. How different is the shift in the budget line based on a decrease in the price of the good on the horizontal axis from that based on an increase in income {10 points]
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