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Why are typical indifference curves negatively sloped when a consumer likes both goods? a). Because utility increases as you trade consumption between goods b). Because
Why are typical indifference curves negatively sloped when a consumer likes both goods?
a). Because utility increases as you trade consumption between goods
b). Because utility decreases as consumption of one good increases
c). Because if consumption of one good decreases, consumption of the other good must increase to hold utility constant
d). Because utility decreases when you increase consumption of one good, holding consumption of the other good constant
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