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Hector Bellerin
on Oct 14, 2024

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Angela's utility function is U(x1, x2) (x1  x2)3.Her indifference curves are downward-sloping, parallel straight lines.

Indifference Curves

Graphical representations of all the combinations of goods and services that provide equal satisfaction to a consumer.

  • Absorb the fundamentals of indifference curves and their specifics.
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heaven nkusiOct 16, 2024
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