Why indifference curve is convex
Why the indifference curve is convex to origin?
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The Indifference curve is always convex to the origin due to diminishing marginal rate of substitution.
Natural barriers to entry may be overcome across time from: (w) cut-throat competition. (x) elimination of patent laws. (y) technological advances. (z) rigorous enforcement of antitrust laws. How can I solve my
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