Read the following statements carefully and …

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Read the following statements carefully and choose the correct alternative from the
following:
Statement 1 - Slope of Indifference Curve shows MRS.
Statement 2 – The indifference curve is not convex to the origin in the case of two
normal goods.
a) Both the statements are true.
b) Both the statements are false.
c) Statement 1 is true and Statement 2 is false.
d) Statement 2 is true and Statement 1 is false.
Posted by Sarbjot Kaur 4 years, 2 months ago
- 1 answers
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Gurnoor Punia 4 years, 2 months ago
0Thank You