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Answer to Question #166549 in Microeconomics for Dede Elizabeth
Question #166549
The indifference curve between a good and garbage is positively slope true or false and why
Expert's answer
True
Indifference curve shows the combination of commodities at which Consumers receives the same amount of Utility. One commodity is a good and the other is a garbage.The consumer will accept more of the bad good only if she also receives more of the other good in return.
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