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Solve clearly explanation is more important don't copy. True or False questions.. 2. An indifference curve is a curve of combinations of goods that gives

Solve clearly explanation is more important don't copy.

True or False questions..

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2. An indifference curve is a curve of combinations of goods that gives same utility4. A thick indifference curve violates transitivity axiom of preferences 5. A market demand curve is the horizontal sum of individual demand curves 6. If MUx/MUy > Px/Py for a consumer, then he must purchase more x 7. When income rises and the price of x falls, the consumer will always buy more units of x

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