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indifference curve D. As price falls, demand becomes less price elastic. Cashews is constant. 46. The assumption of consistent preferences implies that curves must: A.

indifference curve

D. As price falls, demand becomes less price elastic. Cashews is constant. 46. The assumption of consistent preferences implies that curves must: A. Have a positive slope. B. Be L-shaped. C. Not cross one another. D. Be convex to the origin

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