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I dont know the indifference curves for the following two go0ds 1) both good 2) one good, one bad 3)one bad, one good 4)the reversed
I dont know the indifference curves for the following two go0ds
1) both good
2) one good, one bad
3)one bad, one good
4)the reversed from 1)
May you draw out the curves and the indifference curves, what does the slope represent? when will it be convex or concave?
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