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Microeconomics

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Indifference Curve Properties: Monotonicity

MICRO-LYVHEA

Which of the following indifference curves violates the assumption of monotonicity and "more is better"? Select ALL that apply.

A

A thick indifference curve. A thick indifference curve is an indifference curve that essentially has an area of bundles that provide the same utility.

B

An upwards sloping indifference curve.

C

A convex, or a "bowed in", indifference curve.

D

A downwards sloping indifference curve.