Which of the following is not a property of the family of indifference curves representing a consumer's tastes between two goods? No two indifference curves can cross. The indifference curves are all concave. Each basket of goods is on one and only one indifference curve. The indifference curves are all downward sloping.

Microeconomic Theory
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Chapter3: Preferences And Utility
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Which of the following is not a property of the family of indifference curves
representing a consumer's tastes between two goods?
No two indifference curves can cross.
The indifference curves are all concave.
Each basket of goods is on one and only one indifference curve.
The indifference curves are all downward sloping.
Transcribed Image Text:Which of the following is not a property of the family of indifference curves representing a consumer's tastes between two goods? No two indifference curves can cross. The indifference curves are all concave. Each basket of goods is on one and only one indifference curve. The indifference curves are all downward sloping.
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