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Which of the following is true if two indifferences curves cross each other on a preference map? The curves are an example of consistent preferences.
Which of the following is true if two indifferences curves cross each other on a preference map?
The curves are an example of consistent preferences.
The curves would represent two different individuals.
If the curves are from the same rational individual, then they do not violate the assumptions of consumer choice theory.
The curves are from the same rational individual.
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